$285,000
●
Condo -
Off Market
1 Bed
1 Bath
700 Ft²
$454,745
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
Are you looking for an investment property, that you can also enjoy
when vacant? This is the one! Association will allow 8 rentals per
year, even the first year you own. Direct intracoastal view,
beautifully remodeled desirable NW corner unit, with walking
distance to the beach. Pompano beach is ongoing a multi million
dollars renovated area with shopping, dining, entertainment and
much more. An absolute must see!
Use ShowingTime. 1 time capital contribution of $500.
HOA Application Fee of $200
Use ShowingTime. 1 time capital contribution of $500.
HOA Application Fee of $200
Unit Size
700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$450
Property Type
Condo
Property Taxes
$320
HOA Dues
$385
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Beaches MLS #F10206631)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by Exit Ryan Scott Realty | $315,000 | |
| Listed by Exit Ryan Scott Realty | |||
Property Highlights
Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 1
Interior Features: First Floor Entry
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Smoke Detector
Flooring Type: Ceramic Floor
Exterior Details
Listing Terms: Cash, Conventional, FHA
Construction Type: Cbs Construction
Exterior Features: Barbecue, Open Balcony, Storm/Security Shutters
Financial Details
Total Taxes: $3,842
Tax Year: 2018
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Ceiling Fans, Central Cooling
Location Details
Location: Driving Directions: US 1 to NE 14th Street. East on NE 14th to Riverside Drive. South on Riverside Drive to 505 Riverside Drive.
Subdivision Complex Building: Cameron
Water Access: Private Dock
Waterfront Description: Intracoastal Front
HOA Details
HOA Fee: $1,155 Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Leandro Coto
Exit Ryan Scott Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10206631
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Exit Ryan Scott Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10206631
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