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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lauderdale By The Sea at 1501 S Ocean Blvd UNIT 226, Lauderdale By The Sea, FL, 33062 listed at $449,000 pairs $3,986/mo rent with a $2,198/mo payment to leave $156/mo cash flow. Total monthly income runs $3,986/mo, and annual cash flow reaches $1,872/yr on $148,844 cash to close. Return on cash invested measures 21.17% in year one, and rental yield registers 10.65% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 112.65% and total cumulative return in cash totals $167,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,986/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$850 monthly HOA
Neighborhood data shown for ZIP Code: 33062, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,706 (100%) |
| Owner Occupied HU | 10,288 (45.3%) |
| Renter Occupied HU | 4,064 (17.9%) |
| Vacant Housing Units | 8,354 (36.8%) |
| Median Home Value | $720,313 |
| Average Home Value | $825,817 |
Residential
19,868
Single Family
4,923
Multi-Family
14,945
Businesses
968
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $449,000 |
| 2019-02-21 | Sold | $300,000 |
| 2017-06-12 | Sold | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3997.19 | 2.77% | $251,160 | 3.00% |
| 2023-02-13 | $3889.30 | 8.33% | $243,850 | 3.00% |
| 2022-02-13 | $3590.35 | 3.54% | $236,750 | 3.00% |
Listed by: Taylor Valente • Compass Florida, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10482663
Disclaimer: 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 2025 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.
