← Alpha board
gulf access canal · Pompano Beach, Broward County, FL
1131 SE 5th Avenue (Cypress Harbor), Pompano Beach, FL 33060
discoveredevidence: medium
screen
model pb-score-v1
Sub-$900K ocean-access canal 3/2 with dock adjacent to downtown redevelopment; motivated cut plus condo-refugee demand (12.9 months condo supply pushing buyers to fee-simple canal homes).
Asking price
$899,500
Suggested offer
$828,000
Do-not-exceed
$891,000
Renovation range
—
Visible scores — no black box
Asset — quality & scarcity78
Alpha — why the market is wrong72
Operating — durable use / income68
Risk — threats to capital (low is good)65
RealtyFund fit80
Composite69
Thesis
Named catalyst
Broker-flagged 'price adjusted, motivated owner' — canal home with composite dock in Cypress Harbor after a visible price cut
Revenue strategy
Renovate-hold / MTR
Primary risks
- fixed-bridge/clearance and canal depth to Hillsboro Inlet unverified
- 1960s-era stock — roof/plumbing/seawall capex likely
- flood + wind insurance escalation
Evidence room
| Source | Kind | Retrieved | Link |
|---|---|---|---|
| Tom Day Properties Pompano under $1M | listing | 2026-08-01 | open → |
Next action
Qualified opportunities advance to RealtyFund diligence. Rehab routes to HomeManager / Handyman / ServiceEscrow; stabilized operations route to PropertyManagement.