Cays Realty
1300 S Ocean Boulevard 906, Pompano Beach, FL 33062 — MLS photo

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1300 S Ocean Boulevard 906, Pompano Beach, FL 33062

Active · Condominium

$1,499,000

1300 S Ocean Boulevard 906, Pompano Beach, FL 33062

Beds
2
Baths
3
Living area
2,370 sq ft
$ / sq ft
$632/sq ft
Year built
1982
Lot size
—
HOA fee
$7,999 Quarterly
Annual tax
$17,077

About this property

Beautifully updated condo in a boutique building with only 46 units, including a 600 square foot wraparound balcony with fabulous ocean and intracoastal views. The 9 ft ceilings and floor to ceiling glass give wonderful views both during the day and at night. Condo currently has two bedrooms and two and half bathrooms, but could be expanded to a three bedroom place. Living room has a built in bar, kitchen has granite and stainless steel appliances and all bathrooms have been recently updated. Master has a new free standing tub! Concrete restoration has been completed along with new glass railings. Building amenities include a newly renovated pool and spa, cabanas, library room, billiards room, social room with a bar, security, BBQ'S, gym, garage parking and pet friendly.

Property location

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1300 S Ocean Boulevard 906, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,370 sq ft
Flooring
Hardwood, Marble, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, Eat In Kitchen, Garden Tub Roman Tub, High Ceilings, Main Living Area Entry Level, Sitting Area In Primary, Split Bedrooms, Shower Only, Bar, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
10
Lot size
0 sq ft
Architectural style
Other
Roof
Other
Construction
Block
Exterior features
Balcony, Lighting, Outdoor Grill, Porch
Pool
None, Association, Community, Heated
Spa
In Ground, Community
Waterfront
Ocean Access
View
Intercoastal, Ocean, Other, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Deeded, Underground, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$7,999 Quarterly
Fee inclusions
Association Management, Common Area Maintenance, Parking, Pools, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Billiard Room, Cabana, Clubhouse, Fitness Center, Library, Management, Maintenance, Barbecue, Picnic Area, Pool, Spa Hot Tub, Trash, Vehicle Wash Area, Elevators
Security
Closed Circuit Cameras, Fire Alarm, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$17,077
Subdivision
CRITERION CONDO
County
Broward
Days on market
165
MLS listing ID
B26026961
Listing status
Active

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Estimated monthly cash flow

-$4,520

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.9%
Gross yield
6.7%
Mortgage payment
$7,106/mo
Down payment
$374,750
Loan amount
$1,124,250
Annual NOI
$31,028

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