521 N Riverside Dr 606, Pompano Beach, FL 33062 — MLS photo

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521 N Riverside Dr 606, Pompano Beach, FL 33062

Active · Condominium

$448,000

521 N Riverside Dr 606, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$373/sq ft
Year built
1973
Lot size
—
HOA fee
$827 Monthly
Annual tax
$2,988

About this property

PRIME LOCATION and in good condition. Offered in the mid-$400s, this bright and spacious 2-bedroom, 2-bath condo offers 1,200 sq. ft. of living space close to the beach, shopping, dining, and entertainment. Leave the car parked and walk or ride your bike to enjoy the best of Pompano Beach! Wake up to sparkling water views and make this waterfront retreat your own. Impact windows installed in 2021, impact doors, an updated electrical panel, and a newer A/C add value. Assigned parking is directly in front of the building. Enjoy a quaint community surrounded by million-dollar properties and exciting luxury development. Amenities include controlled-access entry, heated pool, BBQ area, fitness room, sauna, social room with kitchen, library, renovated common laundry room, and a community dock for boat pickup and drop-off. Bike room and storage room! Bring your vision and discover the waterfront lifestyle you’ve been looking for.

Property location

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521 N Riverside Dr 606, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Carpet, Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Family Dining Room, Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
12
Construction
Block
Exterior features
Balcony, Barbecue, Security High Impact Doors
Pool
Association, Heated
Waterfront
Intracoastal Access
View
Intercoastal

Parking

Garage spaces
0
Covered spaces
0
Parking features
Guest, One Space

HOA, Community & Financials

Association fee
$827 Monthly
Fee inclusions
Association Management, Common Areas, Cable Tv, Insurance, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Boat Dock, Bike Storage, Clubhouse, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Storage, Tennis Courts, Vehicle Wash Area, Elevators
Security
Door Man, Elevator Secured, Secured Garage Parking, Key Card Entry, Lobby Secured
Pets allowed
No
Annual tax
$2,988
Subdivision
SILVER THATCH INTRACOASTA
County
Broward
Days on market
166
MLS listing ID
A12016146
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

-$408

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-3.9%
Gross yield
9.1%
Mortgage payment
$2,124/mo
Down payment
$112,000
Loan amount
$336,000
Annual NOI
$20,586

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