UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 576 sqft
Price per Sqft $272
Subdivision Cypress Gardens Condomini
MLS Listing ID A11996948
Bedrooms 1
Full Baths 1
HOA Fees $1,453/qua
HOA Y/N Yes
Min Days of Lease 365
Leases Per Year 2
Year Built 1970
Annual Tax Amount $2,928
Tax Year 2025
Property Sub-Type Condominium
Property Description
Currently rented to an excellent tenant at $1,450/month, offering approximately a 6% annual cap rate, with potential to increase rental income. The building has recently undergone a change in management, with future improvements planned that are expected to enhance overall value.
All special assessments have been fully paid by the seller.
Don't miss this great opportunity—perfect for investors or first-time buyers looking for value and location!
Location
State FL
County Broward
Community Cypress Gardens Condomini
Area 3050
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Range, Microwave, Refrigerator
Laundry Common Area
Exterior
Exterior Feature None
Pool Association
Amenities Available Clubhouse, Laundry, Pool
View Pool
Garage No
Private Pool Yes
Building
Structure Type Block
Schools
Middle Schools Olsen
High Schools South Broward
Others
Pets Allowed No
HOA Fee Include Amenities,Common Areas,Hot Water,Maintenance Structure
Senior Community No
Restrictions Okay to Lease 1st Year,OK To Lease
Tax ID 514216AB0060
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11996948
Nearby School & Business
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