3550 NW 8th Ave 713, Pompano Beach, FL 33064 — MLS photo

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3550 NW 8th Ave 713, Pompano Beach, FL 33064

Active · Condominium

$149,000

3550 NW 8th Ave 713, Pompano Beach, FL 33064

Beds
2
Baths
2
Living area
860 sq ft
$ / sq ft
$173/sq ft
Year built
1970
Lot size
—
HOA fee
$427
Annual tax
—

About this property

Beautifully Remodeled 2-Bedroom Residence in a Desirable 55+ Community Welcome to this beautifully remodeled 2-bedroom, 1.5-bath residence located in a quiet, well-maintained 55+ community. Ideally situated within walking distance to Sample Road shopping, dining, and everyday conveniences, this move-in-ready second-floor unit offers comfort, convenience, and modern living. The home features tile flooring throughout, a spacious open-concept layout, and numerous recent upgrades including a new air conditioning system and a new water heater. The generously sized primary bedroom includes a walk-in closet, while the second bedroom offers ample closet space and flexibility for guests, an office, or additional living needs. Relax and unwind on your private balcony overlooking the peaceful surroundings, or enjoy the community amenities, including a sparkling pool, BBQ area, and convenient on-site laundry facilities. Currently leased at $1,500 per month through July 2027, this property presents an excellent investment opportunity with immediate rental income. It also offers the perfect opportunity for those seeking a comfortable and convenient place to call home in a desirable 55+ community.

Property location

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3550 NW 8th Ave 713, Pompano Beach, FL 33064

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
860 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$427
County
Broward
MLS listing ID
A12020287
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

$293

Cap rate
8.0%
Net yield
8.0%
Cash-on-cash return
8.4%
Gross yield
15.8%
Mortgage payment
$706/mo
Down payment
$37,250
Loan amount
$111,750
Annual NOI
$11,991

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