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    Top-Floor 2BR Condo in 55+ Community Title is generated by Realmo AI

    400 S Cypress Road, Pompano Beach, FL 33060

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    For Sale
    $165,000

    MULTI_FAMILY - Other - Pompano Beach, FL

    Property size:
    930 SF
    Price / SF:
    $177/SF
    Added:
    Mar 12, 2026
    Days on Market:
    102
    Last Refresh:
    Jun 21 at 3:06 pm

    Property Features for 400 S Cypress Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-20
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
    Parking
    1
    Parking features
    Guest, Assigned
    Window features
    Blinds
    Interior features
    Built-in Features, Closet Cabinetry, Custom Mirrors, Walk-In Closet(s)
    Appliances
    Range, Dishwasher, Disposal, Electric Range, Ice Maker, Microwave, Oven, Refrigerator
    Standard status
    Active
    APN
    494201nw0770
    Size
    930 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    THE VIRGINIAN APARTMENTS OF POMPANO BEACH, INC. CO-OP UNIT 428
    Tax Annual Amount
    2631
    Expense value
    150
    Expense
    Application Fee
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1967
    Floors in Building
    2
    Flooring type
    Tile
    Building materials
    Block, Brick, Concrete
    Architectural style
    Other

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    Listing Contact
    Maya Tegov
    Maya Tegov

    Listing agent Maya Tegov License #3223531

    Listing office Prestige Waterfront Realty 3351 Galt Ocean Drive, fort lauderdale, FL

    Listing date Mar 12, 2026

    MLS# B26002116 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Renovated 2BR/2BA top‑floor condo in a 55+ community in Pompano Beach
    • Brand‑new building roof; seller states the assessment is fully paid
    • Freshly painted interior with tile flooring and built‑in features
    • Kitchen appliances include range, dishwasher, disposal, microwave, oven, and refrigerator
    • Central air and electric/electric heating with ceiling fans
    • Public water and public sewer; assigned and guest parking

    Overview

    This is a move-in ready, renovated 2BR/2BA top-floor condo within a 55+ community. The interior has been freshly painted, and the unit is described as having stylish furnishings suitable for immediate occupancy. The building roof is new, and the seller has paid the associated assessment in full. The co-op structure is cash-only, and the unit is located on the second floor with no elevator service.

    Convenience is a core part of the offering. Publix is directly across the street, and local dining, shopping, and transit are described as within walking distance. The property is also listed as about 2.5 miles from the beach and the Pompano Pier.

    For buyers seeking an active-adult lifestyle, this unit provides access to shared amenities including a pool, clubhouse, and social activities. From a leasing standpoint, the co-op allows seasonal rentals once per year for a 3–4 month period. Zoned RM-20, the property is positioned for owner-occupants or qualified buyers comfortable with the cash-only co-op requirements and second-floor access.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $27.3k $29.40
    − Vacancy −$1.4k −$1.47
    EGI $26.0k $27.93
    − OpEx −$11.7k −$12.57
    NOI $14.3k $15.36
    930 SF · lease $29.40/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $204.1K
    $178.6K – $238.1K (±1% cap)
    NOI $14,286 @ 7.0% cap · market cap 8.66%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $362.7K
    $317.4K – $423.2K (±1% cap)
    NOI $25,389 @ 7.0% cap · market cap 15.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jay Q Innovations Artist

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.122703
    Latitude
    26.225792

    FAQs

    What type of property is this?
    Residential income property - Move-in ready 2BR/2BA condo in a 55+ community with community pool and clubhouse, plus limited seasonal rental allowance.
    Where is this residential income property located?
    The property is located at 400 S Cypress Road Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Renovated 2BR/2BA top‑floor condo in a 55+ community in Pompano Beach; Brand‑new building roof; seller states the assessment is fully paid; Freshly painted interior with tile flooring and built‑in features
    More about this property
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