580 Briny Avenue 602, Pompano Beach, FL 33062 — MLS photo

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580 Briny Avenue 602, Pompano Beach, FL 33062

Active · Condominium

$4,644,400

580 Briny Avenue 602, Pompano Beach, FL 33062

Beds
3
Baths
4
Living area
3,238 sq ft
$ / sq ft
$1,434/sq ft
Year built
2028
Lot size
—
HOA fee
$4,954 Monthly
Annual tax
$0

About this property

This elegant 10-story boutique building comprised of only 17 residences, provides an unparalleled oceanfront lifestyle with breathtaking sunrise and sunset views. This residence spans 3,238 sq ft with private elevator access. It features 3 bedrooms, a den, and 3.5 bathrooms, thoughtfully designed to maximize comfort and sophistication. The open floor plan is enhanced by floor-to-ceiling windows allowing for unobstructed ocean views and an abundance of natural light. Ocean 580's amenities include a rooftop deck with two firepits, a spa and an outdoor kitchen. Ocean view fitness center, beachside pool deck, and a private beach complete with loungers. Entertain in the resident party room and 24 hr. valet and concierge services. PROJECT HAS SITE PLAN AND CCCL APPROVALS.

Property location

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580 Briny Avenue 602, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
3,238 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Heat Pump
Interior features
Bidet, Bedroom On Main Level, Bathtub, Dual Sinks, Entrance Foyer, Kitchen Island, Living Dining Room, Custom Mirrors, Shower Only, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2028
Stories
10
Lot size
0 sq ft
Architectural style
Contemporary Modern, One Story
Roof
Roof Over
Construction
Block
Exterior features
Balcony
Pool
None, Association, Community, Heated
Spa
Community
View
Ocean, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Covered, Electric Vehicle Charging Stations, Garage, Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$4,954 Monthly
Fee inclusions
Parking, Pools, Sewer, Security, Trash, Water
Amenities
Fitness Center, Maintenance, Barbecue, Picnic Area, Pool, Sauna, Spa Hot Tub, Security
Security
Fire Alarm, Secured Garage Parking, Lobby Secured, Smoke Detectors, Security Guard, Security Lights, Security System, Fire Sprinkler System
Pets allowed
No
Annual tax
$0
Subdivision
Ocean 580
County
Broward
Days on market
134
MLS listing ID
B26038466
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

-$12,939

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-11.9%
Gross yield
4.8%
Mortgage payment
$22,017/mo
Down payment
$1,161,100
Loan amount
$3,483,300
Annual NOI
$108,932

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