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3400 N Pinewalk Dr N #915

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Margate, FL 33063
$219,000
2 Beds 1 Baths 912 Sq.Ft. 0 Garage
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Month
  • Principal & Interest
    $ 615
  • Property Tax
    $ 180
  • Home Insurance
    $ 61
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Property 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.

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    3400 N Pinewalk Dr N #915, Margate, FL 33063

    Property Stats

    912 Square Feet
    1989 Year
    Active Status

    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.

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      Listing Courtesy of Florida Realty Wealth Group Inc.

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      The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Miami-JTHS data last updated at December 17, 2024 11:09 PM ET

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