1885 NE 53rd St Pompano Beach, FL 33064
$538,900
7 Beds
3 Baths
1675 SQFT
MLS#
A11900440
Type
Single Family Residence
Status
Active Listing
Square Footage
1,675
Bedrooms
7
Bathrooms
3 full
Year Built
1955
Tax Amount
$9,717
Property Description
Income-Producing Property with Legal Living Efficiency powered by Solar Pannels! Live in and collect rent or take advantage of Great ROI. Unique opportunity in East Pompano Beach! This property features two detached living units in one lot. The main home offers approx. 1,675 sq ft with 6 bedrooms and 2 bathrooms, currently rented for $4,800/month. In the rear, a separate efficiency unit (approx. 240 sq ft) includes 1 bedroom, 1 bathroom, and a full kitchen, bringing in $1,200/month.Total rental income $6,000/month and NO electric bill, full solar power system covering the entire property. This is a high-cash-flow investment with minimal operating costs. Perfectly located just west of US-1 near shopping, beaches, and major highways. Do not disturb tenants. Showings by appointment only.
Cooling: Central Air, Electric
Room For Pool
First Floor Entry
Separate Guest/In-Law Quarters
Studio Apartment
per month
Principal & Interest
Property Tax
Mortgage Insurance
HOA
Home Owners Insurance