1421 S Ocean Blvd #218 Pompano Beach, FL 33062

$185,000

2 Beds

2 Baths

1014 SQFT

Property Details

MLS#

F10512776

Status

Active Listing

Square Footage

1,014

Bedrooms

2

Bathrooms

2 full

Year Built

1973

Tax Amount

$7,390

HOA Fees

$895

Property Description

Buyer is paying $185K for the future option to pay 95% of the appraised value to HUD in the future. Not now as there is No pending action and HUD paying property taxes currently as well. This is a HUD HECM Law to protect homeowner on title. Perfect investment or AIRBNB as you can rent every 30 days. Rio Espana is across from the beach which is deeded and waterfront with no fixed bridges. It has a heated pool and jacuzzi and dockage available. Easy to show and seller will consider financing. Could use a bit of updating but totally livable.

Amenities

Cooling: Central Cooling

Open Balcony

First Floor Entry

Elevator

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Listing Broker: Blue Lighthouse Realty, INC
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