140 NE 28th Avenue 502, Pompano Beach, FL 33062 — MLS photo

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140 NE 28th Avenue 502, Pompano Beach, FL 33062

Active · Condominium

$659,000

140 NE 28th Avenue 502, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
995 sq ft
$ / sq ft
$662/sq ft
Year built
1966
Lot size
—
HOA fee
$725 Monthly
Annual tax
$10,332

About this property

PYBC is located directly on the Intracoastal. Boaters welcome. The condo 502 offers you spectacular views of the Intracoastal and much more. Located next door to the famous "Houston" Restaurant of Pompano Beach. Leaving on the Intracoastal gives you the opportunity to enjoy the boats parade every day. Walking distance to the ocean, restaurants, boutique and more... Both bathrooms have been redone in 2016. A/C 2016. Water heater 2019. High impact windows and sliding doors. Pets welcome building maximum 20 pounds. Boaters welcome, right to use boat slip letter "A" first place. Boat maximum 38' LOA (length overall) and a maximum width of 12'6". Must own the condo 1 year before to rent. You may rent twice/year, minimum of 1 month. Parking no. 10. Ocean access, No fixed bridges. Sold AS-IS. All information believed accurate but not warranted, may be subject to errors or omissions & may be changed without notice, BUYER IS RESPONSIBLE FOR VERIFYING ALL INFORMATION. AS-IS CONTRACTS ONLY. Sellers asking proof of funds for cash transaction, pre-approved letter for financed transaction MUST BE SUBMITTED with offer. Thank you for showing. ASSIGNED BOAT SLIP INCLUDED WITH CONDO 502

Property location

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140 NE 28th Avenue 502, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
995 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Main Living Area Entry Level, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
6
Lot size
0 sq ft
Architectural style
Other, One Story
Roof
Metal, Other
Construction
Block
Exterior features
Balcony, Barbecue, Lighting
Pool
None, Association, Community
Waterfront
Canal Access, Canal Front, Intracoastal Access, Intersecting Canal, Ocean Access
View
Canal, Intercoastal, Pool, Water

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$725 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Laundry, Parking, Pest Control, Pools, Reserve Fund, Sewer, Trash, Water
Association
M&M Property Managem
Association contact
954-582-4400
Amenities
Boat Dock, Bike Storage, Clubhouse, Controlled Access, Laundry, Maintenance, Pool, Storage, Trash, Elevators
Security
Elevator Secured, Fire Alarm, Fenced, Intercom, Key Card Entry, Lobby Secured, Phone Entry, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$10,332
Subdivision
POMPANO YACHT & BEACH CLUB
County
Broward
Days on market
149
MLS listing ID
B26027582
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

-$1,852

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
6.6%
Mortgage payment
$3,124/mo
Down payment
$164,750
Loan amount
$494,250
Annual NOI
$15,267

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