8630 Sw 3rd St Unit #201, Pembroke Pines, FL 33025

$199,000
1
BD
2
BA
805
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$199,000
Days on Market
1
MLS#
A12117103
Year Built
1989
Bedrooms
1
Bathrooms
2
Living Area
805
Building Name
Windmill

Property Description

Income property priced at $199,000, generating $1,850/month in rent ($22,200 gross annually) under a lease through November 2027. That is an 11.2% gross yield and a 6.1% cap rate after HOA dues ($521/month) and current property taxes ($3,869). The unit also suits an owner-occupant buyer. This 1-bed, 2-full-bath lakefront condo offers approx. 805 SF ($247/SF) with a direct water view, in Windmill Lakes, which has a community pool and tennis courts. Daily needs are within a mile: Publix at Pembroke Commons, Broward Meat & Fish, and dining along Pines Blvd including Baoshi Food Hall, Chipotle and Piacere Wood Fired Pizza. Sedano’s, a second Publix and Pembroke Pines City Center are within 2 miles. Rental demand is supported by nearby employment and education: Memorial Hospital Pembroke, Broward College South Campus and the Pembroke Commons/Crossroads Square retail corridor are all within about 2 miles. The location, just south of Pines Blvd, has access to I-75 and Florida’s Turnpike.

Additional Information

Taxes
$3,869
Hoa Fee
$521
Community Features
Windmill Lakes Ii Condo
Property Description
Condo 1-4 Stories, Condo
Interior Features
Second Floor Entry, Utility Room/Laundry
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete Block Construction, CBS Construction
Elementary School
Pembroke Pines
Middle School
Pines
High School
Mcarthur

Listing Courtesy Of The Keyes Company - Miramar, Contact:

How much is your home worth?
Get instant property value now!

List Your House

with List-A-House ! ℠

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks