New Listing8630 SW 3rd Street 201,Pembroke Pines, FL 33025
Pembroke Pines, FL 33025
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.
Details
| MLS # | A12117103 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $521 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 3 |
| Listing Provided By | The Keyes Company - Miramar | Abel Otto |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 805 |
| Pool | Yes |
| Story(s) | 3 |
| Water Front | Yes |
| Property View | Yes |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3869 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Pembroke Pines |
| Zip Code | 33025 |
| Area | 3180 |
| Subarea | HWCW Hollywood Central West (3980 | 3180) |
| Community Name | WINDMILL LAKES II CONDO |
| Listing VS Median (in WINDMILL LAKES II CONDO) | |
Price: $199,000 low | high Med: $220,500 sqft: 805 low | high Med: 895 $ / sqft: $247 low | high Med: $246 On site: 3 low | high Med: 141.5 | |
Market Activity 33025
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Pembroke Pines |
| Zip Code | 33025 |
| Area | 3180 |
| Subarea | HWCW Hollywood Central West (3980 | 3180) |
| Community Name | WINDMILL LAKES II CONDO |
| Listing VS Median (in WINDMILL LAKES II CONDO) | |
Price: $199,000 low | high Med: $220,500 sqft: 805 low | high Med: 895 $ / sqft: $247 low | high Med: $246 On site: 3 low | high Med: 141.5 | |
