For SaleRisky Deal1 days on market
2611 N Riverside Drive #606
2611 N Riverside Drive #606, Pompano Beach, FL 33062, Pompano Beach, FL 33062
$570,000
Estimate®:$403,500
Listing Price
2611 N Riverside Drive #606, Pompano Beach, FL 33062
Loc: Pompano Beach, FL
Days Listed
1
Tax Assessed
$434k
Estimate®
$404k
Market Rate
Rent Estimate
$3,071/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.
6
Cresthaven Elementary School
PK-5
1.7 mi away
3
Crystal Lake Community Middle School
6-8
2.1 mi away
4
Deerfield Beach High School
9-12
3.1 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
high-risecondominiumstucco exteriorbalconiesmulti-storyparking lottropical landscapingcoastalresidentialpatio awningcontemporarypalm trees
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.63%
Total ROI
37.8%
Cash Flow
$-1,232/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,232/mo net cash flow with a 3.6% 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 |
|---|---|---|---|
| 2026-09-26 | Listed for sale | $570,000 | $517 |
| 2019-11-01 | Sold | $285,000 | $259 |
| 2019-09-09 | Pending sale | $315,000 | $286 |
| 2019-04-05 | Price change | $315,000 | $286 |
| 2019-01-03 | Listed for sale | $325,000 | $295 |
| 2019-01-02 | Pending sale | $325,000 | $295 |
| 2018-10-03 | Listed for sale | $325,000 | $295 |
| 1997-10-03 | Sold | $110,000 | $100 |
| 1980-05-01 | Sold | $53,143 | $48 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,394.24 | $294,480 |
| 2024 | $5,232.3 | $286,190 |
| 2023 | $5,139.22 | $277,860 |
| 2022 | $4,917.69 | $269,770 |
| 2021 | $4,749.14 | $261,920 |
| 2020 | $4,775.4 | $266,740 |
| 2019 | $1,542.98 | $135,720 |
| 2018 | $1,542.98 | $133,190 |
| 2017 | $1,448.51 | $130,460 |
| 2016 | $1,356.67 | $127,780 |
| 2015 | $1,458.46 | $126,900 |
| 2014 | $1,494.25 | $125,900 |
| 2013 | $1,497.53 | $182,110 |
| 2012 | $1,423.77 | $176,720 |
| 2011 | $1,329.53 | $172,410 |
| 2010 | $1,703.33 | $116,670 |
| 2009 | $1,581.76 | $113,610 |
| 2008 | $1,490 | $113,500 |
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