Cash Deal in Pompano Beach, FL 33060
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
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Off-market comps, the seller walkthrough packet, rent roll and terms — sent to verified buyers, usually within the hour.