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$186,000
● Condo - Off Market

#17

Pompano Beach, FL
bedrooms
1 Bed
bathrooms
1 Bath
square feet
620 Ft²
$184,495
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

BEAUTIFUL 1/1 WITH BALCONY AND 2 CAR PARKING SPACE ONE COVERED ONE OPEN. EXCELLENT LOCATION, CLOSE TO MAJOR HIGHWAYS. WELL MAINTAINED COMMUNITY WITH TENNIS COURT AND POOL.
Unit Size
620 Ft²
Days on Market
-
Land Size
-
Price per sqft
$298
Property Type
Condo
Property Taxes
$203
HOA Dues
$285
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 #F10384428)

Price History

Date / Event Date Event Price
Jul 18, 2023 Sold
Premium
Sold
Jun 8, 2023 Listed by Park Creek Realty Inc $185,000
Listed by Park Creek Realty Inc

Property Highlights

Parking Details
Parking Features: 1 Space, Covered Parking
Garage: 2 Spaces
Interior Details
Full Bathrooms: 1
Main Level Bathrooms: 1
Interior Features: Second Floor Entry, Walk-In Closets
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry Appliances: Washer and Dryer
Flooring Type: Laminate
Exterior Details
Listing Terms: Cash, Conventional
Construction Type: Cbs Construction
Exterior Features: Open Balcony, Tennis Court
Financial Details
Total Taxes: $2,433
Tax Year: 2022
Possession Information: Funding
Utilities Details
Heating Type: Central Heat, Electric Heat
Cooling Type: Central Cooling, Electric Cooling
Location Details
Subdivision Complex Building: PALM AIRE GARDENS
HOA Details
HOA Fee: $285 Monthly

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

Similar Homes for Sale

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BEACHES

Listed by: Lance Sherman
Park Creek Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10384428
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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