Description
INVESTOR’S DREAM! Come see this rare opportunity to own a spacious 2-bed, 1 bath unit on the 1st floor in the Community of Coral Key. This unit currently has a long-term, timely paying renter who just signed a new lease for $1,900/m through December 2025.
**Monthly Net income = $1,190 (after expenses paid) – Cap rate = 6.5%**
This is a first-floor unit with a beautiful golf course view. Inside, there is tile flooring throughout along with upgraded kitchen. The Coral Key community features a club house with pool and gym along with a plethora of parking for guests. Low condo fees, which include the water and the ability to rent the unit immediately round out this great opportunity. With the desirable location and price point of this unit, it will not stay on the market for long.
Details
- Price: $219,000
- Property Sqf: 912 Sq Ft
- Bedrooms: 2
- Full Bathroom: 1
- Garage: 0
- Taxes Yearly: $4173
- Year Built: 1989
- Property Type: Condo
- Property Status: Active
- Community Pool: Yes Condo Pool
- HOA Dues: $365
- Tax-Folio: 484123BC1570
- Listed Date: 12-09-2024
Additional details
- Flooring: Ceramic Floor
- Heating: Electric
- Cooling: Electric
- Bedroom Features: Other
- Views: Golf View
- Pets Allowed: Restrictions Or Possible Restrictions
- Construction: CBS Construction
- Listing Source: Miami Board Of Realtors
- Listing Courtesy Of: Florida Realty Wealth Group Inc. 305-390-2737
Features
Address
- Location 3400 N Pinewalk Dr N
- City Margate
- County Broward County
- Zip Code 33063
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