531 N Ocean Boulevard 903, Pompano Beach, FL 33062 — MLS photo

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531 N Ocean Boulevard 903, Pompano Beach, FL 33062

Active · Condominium

$325,000

531 N Ocean Boulevard 903, Pompano Beach, FL 33062

Beds
1
Baths
1
Living area
700 sq ft
$ / sq ft
$464/sq ft
Year built
1977
Lot size
—
HOA fee
$2,984
Annual tax
—

About this property

ENJOY FLORIDA LIVING AT ITS FINEST. FURNISHED, UPDATED CONDO. RELAX ON YOUR BALCONY WITH GORGEOUS VIEWS OF BOTH THE OCEAN AND INTRACOASTAL. FLOOR TO CEILING IMPACT WINDOWS. OPEN KITCHEN WITH LARGE COUNTER TOP. BEAUTIFUL FLOORING. LARGE BEDROOM, WALK IN CLOSET, MAKE UP AREA. LOCATED CLOSE TO LAUNDRY. RESORT STYLE BUILDING, WITH TENNIS AND PICKLEBALL, BOCCE BALL, SAUNA, FITNESS CENTER, LIBRARY,BBQ AREA, POOLS(UNDER RENOVATION), UNDERGROUND PARKING. CLOSE TO RESTAURANTS, SHOPPING, THE FISHING PIER, AND MUCH MORE. A GREAT UNIT, IN A GREAT LOCATION !!!

Property location

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531 N Ocean Boulevard 903, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
700 sq ft

Exterior & Structure

Property type
Condominium
Year built
1977
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,984
County
Broward
MLS listing ID
B26022861
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,290

Cap rate
-6.5%
Net yield
-6.5%
Cash-on-cash return
-43.4%
Gross yield
8.0%
Mortgage payment
$1,541/mo
Down payment
$81,250
Loan amount
$243,750
Annual NOI
-$20,995

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.