2114 NW 5th St, Pompano Beach, FL, 33069 | $419,998

No HOA. Excellent investment property. 5bed-2bath single family home. Rented for $3, 969/month. The rental income is supported by a government housing assistance program (as of March: $3, 722 government / $247 tenant). Potential rent on renewal up to $4, 462/month, based on current payment standards. Long-term tenant in place since August 2023* . Lease renews 07/31/2026. Water heater 2025.

This property is uniquely qualified for a special program. Exclusive Lender Incentive: 1 point off the rate with my lender (e. g. , if the market rate is 6%, you can get 5% with no points, plus appraisal and mortgage insurance covered for primary residents).

Current management company available for seamless transition.
Please do not disturb tenant or knock on the door!

Features

  • Bedrooms: 5
  • Baths: 2 full
  • Style: Detached,One Story
  • Year Built: 1956
  • Garage: Attached Carport,Covered,Driveway
  • Heating: None
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 1,669
  • Est. Taxes: $5,060
  • Lot Desc: < 1/4 Acre
  • View: Garden
  • Pets Allowed: Yes
  • Pet Policy: No Pet Restrictions,Yes
  • Appliances: Dryer,Electric Range,Refrigerator,Washer
  • MLS#: A11580442
  • Days on Market: 654 days
  • Website: https://www.raveis.com
    /prop/A11580442/2114nw5thst_pompanobeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2114 NW 5th St, Pompano Beach, FL, 33069

$419,998

The Fuccillo Felice Team

Sales Associates

William Raveis Real Estate

Phone: 617.510.7063

TheFuccillo-FeliceTeam@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $335,998 $335,998 $335,998
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.407% 6.557% 5.920%
Monthly Tax Payment $422 $422 $422
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,014 $2,096 $2,768
Total Monthly Payment $2,511 $2,593 $3,265

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.