Condo in Pompano Beach, FL 33062

Island Club, 777 S Federal Hwy #RP817

INCOME-PRODUCING INVESTMENT OPPORTUNITY — Currently rented through December 2026, providing immediate and stable cash flow. **40-Year Certification completed** new impact windows and doors installed, offering long-term value and reduced capital expense. Located in a secure, gated community with 24/7 security, this property delivers both peace of mind and consistent tenant demand. The unit features new shaker-style kitchen cabinets and a new guest bath vanity, along with a bright split-bedroom floor plan filled with natural light. The primary suite includes a spacious walk-in closet and full bath, while guests enjoy the convenience of a half bath. Community laundry rooms on each floor and a private storage locker on the same floor as the unit add everyday functionality. Residents enjoy resort-style amenities including two pools, BBQ area, sauna, fitness center, and putting green. Ideally located with quick access to the beach, Atlantic Blvd, Starbucks, shopping, and dining. Assigned parking space #192 is conveniently located at the lobby entrance. Current tenant paying $1,800/month, making this a solid opportunity to generate revenue immediately. Seller is motivated and reducing his portfolio—an excellent time to acquire a performing asset with upside potential.