Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 678 sq ft
Active · StockCooperative
$235,000
615 S Riverside Dr 5, Pompano Beach, FL 33062
- Beds
- 1
- Baths
- 1
- Living area
- 678 sq ft
- $ / sq ft
- $347/sq ft
- Year built
- 1960
- Lot size
- —
- HOA fee
- $667
- Annual tax
- —
About this property
OWNER MOTIVATED/Hard to find! Stunning Intracoastal Views at this price. 1st floor 1/1, in a cozy 2 story boutique building. Enjoy Intracoastal views from your main living room facing west. Sit and watch the boats go by and enjoy Florida sunsets, with lovely garden and landscaped pool area below. Newly remodeled unit, located in desirable Pompano Beach. Kitchen just updated, new countertops, sink/faucet, cabinets, dishwasher, fridge, stove. New Waterproof vinyl floor throughout, AC well maintained, impact windows and doors. Renovated bathroom and shower. Plenty of closet space. New roof 2025 and sea wall just inspected. Short distance to the beach, shopping, restaurants and Atlantic Ave. No land lease or recreation lease. Co-op owns land and facilities, well established complex and strong finances. Dedicated parking space & storage unit, laundry on each floor. A MUST SEE.
Property location
Get Directions615 S Riverside Dr 5, Pompano Beach, FL 33062
Loading property location…
Facts & features
Exterior & Structure
- Property type
- StockCooperative
- Year built
- 1960
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $667
- County
- Broward
- MLS listing ID
- A12011864
- 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
-$610
- Cap rate
- 2.6%
- Net yield
- 2.6%
- Cash-on-cash return
- -11.1%
- Gross yield
- 9.5%
- Mortgage payment
- $1,114/mo
- Down payment
- $58,750
- Loan amount
- $176,250
- Annual NOI
- $6,050
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.