Owner Finance Available
1624 E River Dr
Pompano Beach, FL 33063
🛏️
2
Bedrooms
🚿
1
Bathrooms
📏
975
Sq Ft
📅
1959
Year Built
Pompano Beach, FL 33063
2
Bedrooms
1
Bathrooms
975
Sq Ft
1959
Year Built
Prime Investment Opportunity! This single-family residence presents a high-yield opportunity for savvy investors looking to capitalize on the robust Margate rental market. Situated on a generous 7,998 square foot lot, this property offers the ideal footprint for a "buy-and-hold" strategy or a strategic value-add renovation. The home currently features a functional 2-bedroom, 1-bathroom layout. The location is a major draw for long-term equity growth, nestled in a quiet residential pocket with no HOA restrictions, allowing for maximum flexibility in management and leasing. The property is ideally positioned near major South Florida thoroughfares, local parks, and shopping hubs, ensuring low vacancy rates and high tenant demand. Whether you are looking to fix-and-flip in a neighborhood where renovated homes are commanding premium prices or seeking a steady cash-flowing asset to add to your portfolio.
Property Type
Single Family
Year Built
1959
HOA
None
Listed Price
$380,000
Free account - No credit card required
Owner financing means the seller of 1624 E River Dr acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Pompano Beach, FL is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Pompano Beach property.