2748 NE 10th St.

Short renovation, principal plus profit

Harbor Village 5BR/9,200 sqft estate on 12,196 sqft lot with 300ft of waterfront and renovation scope.

Renovation strategy on a 5-bedroom, 5.5-bath residence totaling 9,200 square feet (built 1962) at 2748 NE 10th Street in Pompano Beach, Florida, within Harbor Village. The 12,196-sqft parcel carries 300 feet of waterfront and includes a pool, summer kitchen, and cabana, producing an amenity base that is substantial relative to typical Harbor Village inventory. The 1962 construction predates current wind-code thresholds and will likely require targeted envelope and systems updates alongside a finish refresh to reposition into the neighborhood's updated-inventory tier. Pricing verification is pending, which shapes the underwriting approach: basis must be established before deploying renovation capital. The strategy is a renovation addressing code-driven items, mechanical and envelope updates, and a finish refresh across kitchen, baths, and primary living areas, followed by resale. Harbor Village has shown depth of demand for updated waterfront inventory with meaningful frontage, and the 300-foot frontage supports a broad buyer profile at the exit. Hold duration is expected to span permitting, construction, and a marketing window. Capital deployment covers design, permitting, hard construction for the renovation scope, finish refresh, landscape and marine updates as elected, and carry through listing. Returns are targeted from the spread between all-in basis and post-renovation resale, with basis verification and scope discipline as threshold conditions.

Address

2748 NE 10th St.

City

Pompano Beach, FL

ZIP

33062

Beds

5

Baths

6

Living sqft

9,200

Lot sqft

12,196

Year built

1962

Waterfront

INTRACOASTAL

Fix-and-flip economics model using acquisition basis, renovation/carry envelope, maturity, and downside/upside resale scenarios. Detailed sponsor line items are shown when a full proforma is available.

Source: strategy economics model · figures are forward-looking estimates · not a guarantee of return