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Pompano Beach Condo on Canal
For Sale
$229,999

298 SE 6th Ave 6, Pompano Beach, FL 33060

Charming, move-in ready condo with canal views and marina.

Property Size888 SF
Days on Market324

Property Features for 298 SE 6th Ave 6

General Information

Standard status Active
Size 888 SF
Property subtype Residential

Taxes and HOA fees

Annual Taxes $4,192

Building Details

Building Size 888 SF
Year Built 1965
Listing Agency: Sutter & Nugent, INC.
Listed By: Samantha Levy · License #3476901
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 2 Last Checked: Oct 16 at 9:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sutter & Nugent, INC.

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Investment Insights

Based on property information with market context.

This Pompano Beach condo is situated on the canal, offering views from a screened patio. The interior features new vinyl flooring in the bedrooms and furnishings. The community includes a private marina with boat slips. Recent updates include a new roof and a completed 40-year inspection. The property is suitable for all ages and allows rentals.

Key Highlights

  • Direct canal access with screened patio and boat views
  • Private marina with low‑cost boat slips
  • Minutes from the beach

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,641
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,820 $272.8K
Cap Rate 7%
$194,871 $194.9K
Cap Rate 9%
$151,567 $151.6K
Market Conditions
NOI Build-Up for 888 SF
Gross rent
$26.1K $29.40/SF
− Vacancy
−$1.3K −$1.47/SF
EGI
$24.8K $27.93/SF
− OpEx
−$11.2K −$12.57/SF
NOI
$13.6K $15.36/SF
Area
Pompano Beach, FL
Vacancy
5.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,820
Cap Rate 7%
$194,871
Cap Rate 9%
$151,567

Alternative Uses

Best Use
Apartment 5plus
$194.9K
$170.5K – $227.4K (±1% cap)
NOI $13,641 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$346.3K
$303.0K – $404.0K (±1% cap)
NOI $24,242 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Florist Locksmith Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,985
Businesses Nearby

Demographics for 33060, FL

35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Charming, move-in ready condo with canal views and marina.
Where is this apartment building located?
The property is located at 298 SE 6th Ave 6 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $229,999.
What are key features of this property?
This property features: Direct canal access with screened patio and boat views; Private marina with low‑cost boat slips; Minutes from the beach
More about this property
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