Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,566 sq ft
- Flooring
- Tile
- Appliances
- Other
- Cooling
- Other
- Heating
- Central
- Interior features
- Main Living Area Entry Level, Other
Active · SingleFamilyResidence
$1,730,000
2740 NE 16th Street, Pompano Beach, FL 33062
- Beds
- 2
- Baths
- 2
- Living area
- 1,566 sq ft
- $ / sq ft
- $1,105/sq ft
- Year built
- 1957
- Lot size
- 14,609 sq ft
- HOA fee
- —
- Annual tax
- $11,389
About this property
A rare trophy estate lot positioned at the mouth of the Hillsboro Inlet, offering an exceptional opportunity to build a custom waterfront residence. Situated on a deep-water canal, this property is one of the few in the area with DEEDED WATERFRONT RIGHTS—a premium advantage that cannot be reclaimed by the county sets it apart from neighboring parcels. Encompassing 14,609 sq. ft. of land with over 75 feet of water frontage in a protected No Wake zone, the lot offers direct Intracoastal access in an enviable Pompano Beach location bordering Lighthouse Point. Enjoy your private dock on the Caliban Canal, featuring no fixed bridges and just an 8-minute boat ride to the Hillsboro Inlet. Additional benefits include potential dock rental income and dual 30-amp power hookups, making this a prime Excellent development opportunity. Potential lot accumulation for multi family town homes. Oversized lot with direct access.
Property location
Get Directions2740 NE 16th Street, Pompano Beach, FL 33062
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1957
- Stories
- 1
- Lot size
- 14,609 sq ft
- Architectural style
- One Story
- Roof
- Composition, Shingle
- Construction
- Block
- Pool
- Pool
- Waterfront
- Canal Access, Canal Front, Intersecting Canal
- View
- Canal, Ocean
Parking
- Garage spaces
- 2
- Covered spaces
- 2
- Parking features
- Attached, Garage, Two Or More Spaces
HOA, Community & Financials
- Amenities
- Boat Dock, Pool
- Pets allowed
- No
- Annual tax
- $11,389
- Subdivision
- Caliban Ridge
- County
- Broward
- Days on market
- 136
- MLS listing ID
- B26028851
- 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
-$3,341
- Cap rate
- 3.4%
- Net yield
- 3.4%
- Cash-on-cash return
- -8.3%
- Gross yield
- 5.3%
- Mortgage payment
- $8,201/mo
- Down payment
- $432,500
- Loan amount
- $1,297,500
- Annual NOI
- $58,322
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.