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$77,000
● Condo - Off Market

#109

Pompano Beach, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,075 Ft²
$171,671
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

PRICE REDUCTION.  SPACIOUS 2-BEDROOM, 2-BATH CONDO CONVENIENTLY LOCATED ON GROUND FLOOR. EXTRAORDINARY VIEW OF THE PALMS GOLF COURSE FROM GLASS-ENCLOSED PATIO. TILE FLOORING THROUGHOUT SOCIAL AREAS. PRICED TO SELL. CLOSE TO WALGREENS, SHOPPING, CASINO AND  MINUTES TO THE BEACH. GREAT INVESTMENT OPPORTUNITY. OWNER VERY MOTIVATED AND WILL CONSIDER ALL OFFERS.
Unit Size
1,075 Ft²
Days on Market
-
Land Size
-
Price per sqft
$74
Property Type
Condo
Property Taxes
$120
HOA Dues
$344
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 #F1180057)

Price History

Date / Event Date Event Price
Nov 13, 2012 Sold
Premium
Sold
Mar 26, 2012 Listed by PALM-AIRE Realty Group Inc. $79,500
Listed by PALM-AIRE Realty Group Inc.

Property Highlights

Parking Details
Parking Features: Guest Parking, Assigned Parking, 1 Space
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closets
Appliances: Smoke Detector
Flooring Type: Other Floors
Exterior Details
Listing Terms: Cash Only, Conventional
Construction Type: Cbs Construction
Exterior Features: Screened Balcony
Financial Details
Total Taxes: $1,435
Tax Year: 2011
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Subdivision Complex Building: PALM-AIRE COUNTRY CLUB
HOA Details
HOA Fee: $1,032 Quarterly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
BEACHES

Listed by: Nancy Lairet
PALM-AIRE Realty Group Inc.
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1180057
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.
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