Attention Investors! Explore this 1 bedroom 1 bathroom + DEN unit featuring vaulted ceiling & open floor plan! Convenience is key with an in-unit washer and dryer, making daily chores a breeze. This community has no rental restrictions, is open to all ages and pet-friendly & gives you the freedom to lease the unit immediately. This unit currently has a long-term, timely paying renter who signed a lease for $1, 550/month through July 2025. Monthly Net income = $950 (after expenses paid) - Cap rate = 6% This is a first-floor unit with tile flooring throughout along with numerous amenities, including 2 tennis courts, a volleyball court, a fitness center, and 2 pools with a jacuzzi. Don't miss out on this fantastic opportunity to add a valuable asset to your investment portfolio!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- FirstFloorEntry
- Flooring: CeramicTile
Appliances
- Dryer
- ElectricRange
- ElectricWaterHeater
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Exterior and Lot Features
Pool and Spa
- Pool Features: Association
Land Info
- Lot Description: OnGolfCourse
Garage and Parking
- Parking Features: Assigned, Guest, OneSpace
Home Features
- View: GolfCourse
- Security Features: SmokeDetectors
Homeowners Association
- Association: Yes
- Association Amenities: BasketballCourt, Clubhouse, FitnessCenter, GolfCourse, Pool, TennisCourts
- Association Fee: 285
- Association Fee Frequency: Monthly
- Association Fee Includes: Amenities, CommonAreas, MaintenanceGrounds, MaintenanceStructure, Parking, Pools, Roof
- Calculated Total Monthly Association Fees: 285
- Pets Allowed: Conditional, Yes
School Information
- Elementary School: Coral Springs
- High School: North University High
- Middle School: Margate Middle
Amenities and Community Features
- Community Features: GolfCourseCommunity
Other Property Info
- Annual Tax Amount: 3650
- Source Listing Status: Active
- County: Broward
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850
- Source Neighborhood: CORAL KEY CONDO
- Parcel Number: 484123BC2370
- Postal City: Margate
- Postal Code Plus 4: 7840
- Subdivision: CORAL KEY CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 712
- Year Built: 1989
- Building Area Total: 712
- Construction Materials: Block
- Entry Level: 1
- Entry Location: 1
- Property Age: 36
- Property Attached: Yes
- Building Total Stories: 3
- Year Built Details: Resale
