Interior
- Bathrooms
- 0
Active · MultiFamily
$1,690,000
1361 NE 27 Way, Pompano Beach, FL 33062
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1968
- Lot size
- 7,706 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Located east of Federal Hwy on deep water with no fixed bridge access to the ocean! This property is one of a limited number with a dock navigable to a nearby inlet & directly out to the Atlantic Ocean. The building offers 5 two bedroom, one bath units and 1 one bedroom, one bath unit, each with central air conditioning. All units have remodeled kitchens, bathrooms, and flooring. Five have screened patios and one has an enclosed patio. Additional upgrades include newer windows & doors, brick paver walkways, and aluminum railings. The dock is appx 33 feet with water & electric available. Residents enjoy the waterway views and just ½ mile stroll to the beach. Building recertification completed in 2021. Excellent opportunity at this reduced price! No property visits without an appointment. Please do not walk the property.
Property location
Get Directions1361 NE 27 Way, Pompano Beach, FL 33062
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1968
- Lot size
- 7,706 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- B26025157
- 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
-$3,308
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $8,011/mo
- Down payment
- $422,500
- Loan amount
- $1,267,500
- Annual NOI
- $56,446
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.