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Broward County · Pompano Beach, FL 33060

Cash Deal in Pompano Beach, FL 33060

$474,000
4
Beds
2
Baths
2,000
Sq ft
1962
Year built
$61K spread

About this property

Turnkey Income Property with Built-In MIL Suite - Pompano Beach, FL Rare dual-income opportunity in Pompano Beach featuring a 3BD/2BA main house PLUS a fully remodeled 1BD/1BA mother-in-law suite - giving investors two rentable units under one roof with no HOA restrictions. 823 Doctor Martin Luther King Jr Blvd, Pompano Beach, FL 33060 Property Details: 4 Bed / 2 Bath (3/2 main + 1/1 MIL suite) | 2,000 sqft | Built 1962 Roof: 3 years old | A/C: 5 years old No HOA | Not currently tenant occupied - vacant and ready The Numbers: Purchase Price: $474,000 Est. ARV: $535,000 (PP = 84.86% of ARV) Est. Instant Equity: ~$81,000 Est. Average LTR: $3,921/mo Est. Average STR: $7,425/mo Combined unit rent potential: $4,600/mo (main house $3,600 + MIL suite $1,000) Why It Works: This is a minimal-work, move-in-ready property with a newer roof and A/C already in place - no major capex needed to start cashflowing. The separately remodeled MIL suite adds a second income stream, giving investors flexibility for a house-hack, dual long-term rental, or short-term rental strategy in a strong Broward County rental market. For more Details, walkthrough instruction and offer please contact

Property snapshot

Layout4 Bed / 2 Bath
Living area2,000 sq ft
Lot size0 sq ft
Year built1962
Property typeSF Home
CountyBroward County

Deal details

Asking price$474,000
ARV estimate$535,000
Spread (ARV − asking)$61,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$474K
ARV est.
$535K
Spread
$61K
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M
Ms. Meriam
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