21
Map
2576 SE 14th Street
About This Property
This expansive 6,000 Sq Ft lot offers incredible potential for developing your dream home, with direct, deep water access perfect for boating enthusiasts and seamless entry to the Intracoastal and ocean. The existing home provides a foundation, but the true allure lies in the prospect of building a bespoke architectural masterpiece tailored to your vision. With a newly upgraded 60-foot dock, seawall, and electrical systems, this property is designed for those who wish to fully embrace the vibrant Florida sun and sea. This AS IS offering allows you to shape luxury on your own terms. Secure your piece of waterfront paradise - Call today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Pompano Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017