2601 NE 14th Street 535, Pompano Beach, FL 33062 — MLS photo

Active · Condominium

$189,900

2601 NE 14th Street 535, Pompano Beach, FL 33062

Beds: 2
Baths: 2
Living area: 912 sq ft
$ / sq ft: $208/sq ft
Year built: 1968
Lot size: —
HOA fee: $595 Monthly
Annual tax: $1,143

About this property

NEW PRICE! WINTER IS COMING! Buy now so you and your friends can relax at the pool, tee off at the nearby Pompano golf course, cruise the Water Taxi or ride the FREE Circuit to the Pompano Pier or enjoy one of many concerts @ Galuppi's down the street. This bright and inviting 2-bedroom, 2-bath top floor condo features neutral tile flooring throughout, updated baths and impact windows/doors for peace of mind. Step out onto your sunny south facing screened balcony w. pool view and chillax! Located in a well-maintained 55+ community only ½ mile from the beach, golf, shopping, dining and 1 m. to vibrant Pompano Beach Pier. Community perks: LOW MAINTENANCE $595./convenient laundry, storage, putting green, shuffleboard and parking for 2 cars. Several nature parks nearby, too! TIME TO RELAX!

Property location

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2601 NE 14th Street 535, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 912 sq ft
Flooring: Tile
Appliances: Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Self Cleaning Oven
Cooling: Central Air, Ceiling Fans, Electric
Heating: Central
Interior features: Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 1968
Stories: 5
Lot size: 0 sq ft
Architectural style: One Story
Roof: Tar Gravel
Construction: Block
Exterior features: Balcony, Barbecue
Pool: None, Association, Community, Heated
View: Garden, Pool

Parking

Covered spaces: 0
Parking features: Assigned, Guest, Open, Two Or More Spaces

HOA, Community & Financials

Association fee: $595 Monthly
Fee inclusions: Common Area Maintenance, Insurance, Laundry, Legal Accounting, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Association: Royale Property
Association contact: 954-563-11269
Amenities: Billiard Room, Bike Storage, Clubhouse, Community Kitchen, Fitness Center, Laundry, Library, Pool, Putting Greens, Shuffleboard Court, Security, Storage, Trash, Vehicle Wash Area, Elevators
Security: Elevator Secured, Intercom, Phone Entry
Pets allowed: No
Annual tax: $1,143
Subdivision: GARDEN-AIRE VILLAGE CONDO
County: Broward
Days on market: 164
MLS listing ID: B26027744
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

$246

Cap rate: 7.2%
Net yield: 7.2%
Cash-on-cash return: 5.6%
Gross yield: 13.7%
Mortgage payment: $900/mo
Down payment: $47,475
Loan amount: $142,425
Annual NOI: $13,759

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