Location! Location! Fourplex east of A1A in exclusive Hillsboro Shores! 4 units, each with 2BR/2BA and private laundry and patios. Lush landscaping surrounds the fenced property and the heated pool, patio and barbecue areas. All units are totally renovated with impact windows and doors and the entire complex runs on solar power. Currently being used as a cash flowing short term rental with reservations going through May of 2025. All reviews have been 5 Star. Fully furnished with all a guest could possible need. All required SRT licenses are in place and ready to operate NOW. There is also a private beach membership available if desired.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11K
Per Month
Principal & Interest
$10.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,662
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Norcrest Elementary School
3951 NE 16th Ave
Distance between this listing and this school1.70 miles
Public District Grades KG-5
6
/10
Cresthaven Elementary School
801 NE 25th St
Distance between this listing and this school1.73 miles
Public District Grades PK-5
6
/10
Pompano Beach Elementary School
700 NE 13th Ave
Distance between this listing and this school1.99 miles
Public District Grades PK-5
Nearby Schools
5
/10
Somerset Pines Academy
901 NE 33rd St
Distance between this listing and this school1.75 miles
Public Charter Grades KG-8
3
/10
Crystal Lake Middle School
3551 NE 3rd Ave
Distance between this listing and this school2.20 miles
Public Magnet Grades 6-8
3
/10
Pompano Beach Middle School
310 NE 6th St
Distance between this listing and this school2.63 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Pompano Beach High School
600 NE 13th Ave
Distance between this listing and this school2.07 miles
Public Magnet Grades 9-12
2
/10
Blanche Ely High School
1201 NW 6th Ave
Distance between this listing and this school3.14 miles
Public Magnet Grades 9-12
3
/10
Deerfield Beach High School
910 SW 15th St
Distance between this listing and this school3.14 miles
The neighbors living near this home have an average income of $63,415. The most common annual income of people living in Pompano Beach, FL is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 3405 Norfolk St in Pompano Beach, FL and zip code 33062 in the East Deerfield Beach / East Pompano Beach neighborhood. This 4,032 square foot home was built in 1976. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $2,200,000.
In November 2024, from all listings sold in Pompano Beach, FL there were more than 2 sold above asking price, over 41 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Pompano Beach, FL between October 2024 and November 2024 increased by 16.2%. In November 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $376,875.
From Rocket Homes Real Estate and based on county public records data.