$695,000
For Sale

2508 Bay Drive #102

Pompano Beach, FL 33062
1135 sqft | 2 beds | 2 baths | #RX-11045729
Browse 69 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

For Sale: Breathtaking Lighthouse Gem - The Ultimate Beachside Investment
Experience coastal living at its finest with this one-of-a-kind, fully renovated 2-bedroom, 2-bathroom condo. Boasting the largest floor plan in the building, this unit is a true ''diamond in the sand'', offering multi-million-dollar views of the lighthouse and inlet from every room.
Property Highlights:
Complete Renovation: Designed with a chic beach-house style, every detail exudes coastal elegance and comfort.
Unmatched Views: Spectacular lighthouse and inlet vistas—wake up to the sunrise and ocean breeze every day.
Vacation-Ready: Perfect as a personal retreat or income-generating property. Furnished as listed. Vacation rentals allowed, with many units successfully doubling as rentals and private vacation homes.
Income Potential: Currently rents for $7,000/month during peak season (January-April). Already reserved for February-March 2025.
Outstanding Building Features:
Turnkey Convenience: HOA covers electric, water, insurance, and comprehensive maintenance, including AC systems and components.
Freshly Updated: Building exterior recently painted; all 40-Year Inspection concrete repairs completed and paid for.
No Current Assessments: Code-required Structural Integrity Reserve Study (SIRS) completed and funded. Next SIRS-driven assessment starts in 2026.
Exclusive Beach Access
Located in a premier location with private beach access, this property offers unparalleled relaxation and convenience. MUST SEE IN PERSON TO APPRECIATE ITS AWESOMENESS!!!!

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Public Sewer, Public Water, Septic
      • InteriorVolume Ceiling, Split Bedroom, Kitchen Island, Bar
      • HeatingElectric, Central Building, Central
      • CoolingCeiling Fan, Central, Electric
      • Exterior FeaturesCovered Balcony, Covered Patio
      • Exterior MaterialsCovered Balcony, Covered Patio
      • SubdivisionHILLSBORO SHORES EXECUTIVE
      • ViewIntracoastal, Ocean, Pool
      • StyleArt Deco, Key West
      • Lot FeaturesEast of US-1
      • Lot DescriptionEast of US-1
      • MLS #RX-11045729
      • MLS #RX-11045729
      • Property SubtypeCondo/Coop
      • Property TypePurchase
      • Original List Price$695,000
      • CountyBroward
      • Taxes Annual$5,737
      • Cost695000
      • RoofMixed
      • ZoningRM-20
      • Square Feet1135
      • Year Built1961
      • Hoa Fees2260
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
      • Hoa1
      • Waterfront1

Location

Martyna MialkaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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