For SaleExcellent Deal0 days on market
3500 BLUE LAKE Drives #304
3500 BLUE LAKE Drives #304, Pompano Beach, FL 33064, Pompano Beach, FL 33064
$190,000
Estimate®:$186,900
Listing Price
3500 BLUE LAKE Drives #304, Pompano Beach, FL 33064
Loc: Pompano Beach, FL
Days Listed
0
Tax Assessed
$170k
Estimate®
$187k
Market Rate
Rent Estimate
$2,077/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
Charles Drew Elementary School
PK-5
2.6 mi away
3
Crystal Lake Community Middle School
6-8
1.5 mi away
4
Blanche Ely High School
9-12
2.3 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
multi-storycondominiumapartment buildingstucco exteriorbalconiessliding glass doorstropical landscapingpalm treeresidentialoutdoor living spacecontemporarycoastallow-rise
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 9/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
8.17%
Total ROI
136.5%
Cash Flow
$308/mo
DSCR
1.31
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $308/mo net cash flow with a 8.2% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (8.2%)
- • Strong rental demand in Pompano Beach
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 |
|---|---|---|---|
| 2026-06-11 | Price change | $190,000 | $165 |
| 2026-03-12 | Price change | $200,000 | $174 |
| 2026-02-22 | Listed for sale | $214,990 | $187 |
| 2020-11-25 | Sold | $149,900 | $130 |
| 2020-09-28 | Listed for sale | $149,900 | $130 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,368.05 | $190,020 |
| 2024 | $3,337.86 | $188,580 |
| 2023 | $3,273.04 | $183,090 |
| 2022 | $3,138.6 | $136,520 |
| 2021 | $2,790.81 | $124,110 |
| 2020 | $2,025.3 | $72,990 |
| 2019 | $1,883.96 | $66,360 |
| 2018 | $1,883.96 | $119,800 |
| 2017 | $1,811.61 | $54,850 |
| 2016 | $1,644.02 | $49,870 |
| 2015 | $1,451.23 | $45,340 |
| 2014 | $1,139.56 | $41,220 |
| 2013 | $1,139.56 | $46,060 |
| 2012 | $873.66 | $36,840 |
| 2011 | $766.78 | $30,990 |
| 2010 | $800.59 | $32,440 |
| 2009 | $1,194.18 | $53,000 |
| 2008 | $2,853.99 | $141,830 |
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