For SaleRisky Deal118 days on market
1340 S Ocean Boulevard #2303
1340 S Ocean Boulevard #2303, Pompano Beach, FL 33062, Pompano Beach, FL 33062
$895,000
Estimate®:$832,700
Listing Price
1340 S Ocean Boulevard #2303, Pompano Beach, FL 33062
Loc: Pompano Beach, FL
Days Listed
118
Tax Assessed
$429k
Estimate®
$833k
Market Rate
Rent Estimate
$4,413/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
McNab Elementary School
PK-5
1.3 mi away
5
Pompano Beach Middle School
6-8
2.2 mi away
4
Blanche Ely High School
9-12
3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
balconyocean viewwaterfrontcontemporaryhigh-risecoastalmodernterraceoutdoor seatingluxuryopen conceptbeachfrontvacationbright
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.17%
Total ROI
27.7%
Cash Flow
$-2,282/mo
DSCR
0.51
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,282/mo net cash flow with a 3.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Pompano Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-04 | Listed for sale | $895,000 | $544 |
| 1989-02-01 | Sold | $161,071 | $98 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,541.45 | $428,840 |
| 2024 | $7,314.19 | $416,760 |
| 2023 | $7,780.19 | $404,630 |
| 2022 | $7,451.59 | $392,850 |
| 2021 | $7,217.6 | $381,410 |
| 2020 | $6,997.96 | $376,150 |
| 2019 | $6,882.05 | $367,700 |
| 2018 | $6,882.05 | $360,850 |
| 2017 | $6,626.6 | $353,430 |
| 2016 | $6,342.5 | $346,170 |
| 2015 | $6,274.35 | $343,770 |
| 2014 | $6,014.57 | $341,050 |
| 2013 | $6,014.57 | $350,330 |
| 2012 | $6,291.27 | $338,010 |
| 2011 | $5,995.14 | $362,370 |
| 2010 | $5,926.13 | $316,040 |
| 2009 | $5,534.42 | $307,740 |
| 2008 | $5,285.02 | $307,440 |
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