For SaleRisky Deal99 days on market
2215 Cypress Island Drive #301
2215 Cypress Island Drive #301, Pompano Beach, FL 33069, Pompano Beach, FL 33069
$299,000
Estimate®:$287,100
Listing Price
2215 Cypress Island Drive #301, Pompano Beach, FL 33069
Loc: Pompano Beach, FL
Days Listed
99
Tax Assessed
$248k
Estimate®
$287k
Market Rate
Rent Estimate
$2,335/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.
7
Cypress Elementary School
PK-5
1.4 mi away
5
Pompano Beach Middle School
6-8
2.3 mi away
4
Blanche Ely High School
9-12
2.1 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
balconymodernstucco wallsfloor-to-ceiling windowspanoramic viewlaminate flooringoutdoor diningceiling fanminimalistairyscenicapartment livingnatural lightterracecontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.80%
Total ROI
84.9%
Cash Flow
$-106/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-106/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • 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 |
|---|---|---|---|
| 2026-06-17 | Listed for sale | $299,000 | $245 |
| 2024-12-27 | Sold | $270,000 | $221 |
| 2024-11-12 | Price change | $289,000 | $236 |
| 2024-10-21 | Price change | $299,999 | $245 |
| 2024-10-07 | Price change | $328,000 | $268 |
| 2024-08-31 | Price change | $338,000 | $277 |
| 2024-08-13 | Listed for sale | $350,000 | $286 |
| 2018-08-31 | Sold | $150,000 | $123 |
| 2018-07-28 | Pending sale | $159,900 | $131 |
| 2018-06-22 | Listed for sale | $159,900 | $131 |
| 2018-06-22 | Pending sale | $159,900 | $131 |
| 2018-05-22 | Listing removed | $159,900 | $131 |
| 2018-05-15 | Price change | $159,900 | $131 |
| 2018-05-11 | Price change | $164,900 | $135 |
| 2018-04-30 | Price change | $169,900 | $139 |
| 2018-04-24 | Price change | $179,900 | $147 |
| 2018-04-10 | Listed for sale | $184,900 | $151 |
| 2016-02-02 | Listing removed | $1,325 | $1 |
| 2015-12-17 | Price change | $1,325 | $1 |
| 2015-11-13 | Listed for rent | $1,400 | $1 |
| 1994-07-01 | Sold | $75,000 | $61 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,534.44 | $248,200 |
| 2024 | $2,701.18 | $158,100 |
| 2023 | $2,645.29 | $153,500 |
| 2022 | $2,435.51 | $149,030 |
| 2021 | $2,331.27 | $144,690 |
| 2020 | $2,259.58 | $142,700 |
| 2019 | $2,214.71 | $139,500 |
| 2018 | $2,214.71 | $155,210 |
| 2017 | $3,330.55 | $143,700 |
| 2016 | $2,999.11 | $146,800 |
| 2015 | $3,078.91 | $86,350 |
| 2014 | $1,062.72 | $85,670 |
| 2013 | $728.02 | $119,090 |
| 2012 | $683.93 | $116,380 |
| 2011 | $929.26 | $113,670 |
| 2010 | $912.33 | $79,400 |
| 2009 | $841.4 | $77,320 |
| 2008 | $781.05 | $77,250 |
Similar Properties Nearby
Explore other investment opportunities in Pompano Beach.