Cays Realty
4015 W Palm Aire Dr 502, Pompano Beach, FL 33069 — MLS photo

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4015 W Palm Aire Dr 502, Pompano Beach, FL 33069

Active · Condominium

$320,000

4015 W Palm Aire Dr 502, Pompano Beach, FL 33069

Beds
3
Baths
3
Living area
1,620 sq ft
$ / sq ft
$198/sq ft
Year built
1980
Lot size
—
HOA fee
$943 Monthly
Annual tax
$5,642

About this property

Stunning 3BR/2.5BA condo in Pompano Beach's desirable Palm Aire community. This 5th floor unit offers a split plan with over 1,600 square feet under air, real bamboo flooring throughout, tile in living areas, impact windows, & glass enclosed balcony for extra living space. Spacious primary suite with expansive closet space. All closets feature custom built-in cabinetry. Kitchen offers granite countertops, high-end wood cabinets, built-in water filtration system, and breakfast area. Full-size washer/dryer off kitchen. Major renovations and assessments completed for added peace of mind. Secure building with lobby call box and bike storage. Located in a vibrant growing area. No age restrictions

Property location

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4015 W Palm Aire Dr 502, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,620 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Area, First Floor Entry, Living Dining Room

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
10
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors
Pool
Association
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$943 Monthly
Fee inclusions
Amenities
Amenities
Bike Storage, Elevators, Golf Course, Pool, Trash
Security
Intercom
Pets allowed
Conditional, Yes
Annual tax
$5,642
Subdivision
NO 104 PALM-AIRE COUNTRY
County
Broward
Days on market
80
MLS listing ID
A12020594
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$300

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
4.0%
Gross yield
14.2%
Mortgage payment
$1,517/mo
Down payment
$80,000
Loan amount
$240,000
Annual NOI
$21,799

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