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370 SE 12th Ave
About This Property
Welcome to your dream waterfront retreat in the sought-after Snug Harbor neighborhood of Pompano Beach! This beautifully updated 3-bedroom, 2-bath residence offers ALMOST 2,000 square feet of bright, open living space, featuring Waterfront Kitchen, elegant Porcelain & Bamboo flooring, Granite Counters Tops, Stainless Steel Appliances, WALK-IN CLOSETS abundant natural light, and numerous modern upgrades throughout.
Boating enthusiasts will appreciate the 75 FEET OF WATERFRONT & seawall and 28 FOOT PRIVATE DOCK with DIRECT OCEAN ACCESS and water/electricity. The property is only minutes by boat to Lake Santa Barbara, the Intracoastal & Ocean. Spend your days cruising the waterways and your evenings relaxing poolside while enjoying the serene waterfront setting.
Designed for the ultimate South Florida lifestyle, this home boasts impact windows, extensive updates, and a seamless indoor-outdoor flow perfect for both everyday living and entertaining. The spacious living areas open to a private backyard oasis complete with a sparkling pool, expansive outdoor entertaining space, and tranquil canal views.
With no HOA, no rental restrictions, and an all-ages community, this property offers outstanding flexibility for homeowners, seasonal residents, investors, and Airbnb operators alike. Conveniently located just minutes from the dining, shopping, entertainment, and beautiful beaches surrounding the iconic Pompano Beach Pier, you'll enjoy the perfect balance of peaceful waterfront living and vibrant coastal amenities.
Whether you're searching for a boater's paradise, a profitable vacation rental opportunity, or your forever home in paradise, this exceptional property checks every box. Don't miss this rare opportunity to own a move-in-ready waterfront gem in one of Pompano Beach's most desirable neighborhoods.
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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 Snug Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017