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

$209,000
2
BD
1
BA
912
SqFt

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Sold Price
$209,000
List Price
$219,000
Closing Date
Feb 14, 2025
MLS#
A11706910
Bedrooms
2
Bathrooms
1
Sq. Ft
912
Subtype
Condominium
County
Broward
Community
Coral Key Condo
Subdivision
Coral Key Condo
Year Built
1989

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.

Additional Information

Hoa
Yes
Hoa Amount
365
Pets Allowed
Yes
Status Label
CLOSED
Unit Floor Number
1
Construction
CBS Construction
Cooling
Electric
Equipment
Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Flooring
Ceramic Floor
Furnished
Unfurnished
Heating
Electric
Parking
2 Or More Spaces, Assigned, Guest
Bedroom Description
Other
Security
Other
Taxes
$4,173
View
Golf View
Unit Number
915
Total Floors
3
Stories
3
Price Per Sqft
$229

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Calculator source: Real Geeks

Listing Courtesy Of Florida Realty Wealth Group Inc., Contact:

Selling Office: Potential Property Group.