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5201 Yellow Pine Lane, Tamarac, FL 33319

$629,900
: 2,171
SqFt

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List Price: $629,900
MLS#: A12102070
Sq. Ft: 2,171
Subtype: Residential
County: Broward
Community: Woodlands Sec Five
Subdivision: Woodlands Sec Five
Year Built: 1970

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Property Description

TURNKEY TAMARAC INVESTMENT WITH GOVERNMENT-FUNDED NONPROFIT TENANT IN PLACE. PROPERTY WAS RECENTLY COMPLETELY RENOVATED TO MEET THE TENANT’S HOUSING STANDARDS AND IS CURRENTLY GENERATING $5,495 PER MONTH / $65,940 IN ANNUAL CONTRACTUAL RENT. THIS 5 BEDROOM, 3 BATH SINGLE-FAMILY RESIDENCE OFFERS APPROXIMATELY 2,171 SF OF LIVING AREA ON AN OVERSIZED LOT. TENANT PAYS ELECTRICITY, WATER, SEWER AND TRASH, PROVIDING IMMEDIATE IN-PLACE INCOME WITH NO INITIAL LEASE-UP REQUIRED. EXTENSIVE IMPROVEMENTS AND UPGRADES THROUGHOUT. EXCELLENT OPPORTUNITY FOR INVESTORS AND 1031 EXCHANGE BUYERS SEEKING A STABILIZED SOUTH FLORIDA INCOME-PRODUCING ASSET WITH A GOVERNMENT-FUNDED NONPROFIT TENANT. LEASE AND TENANT INFORMATION AVAILABLE TO QUALIFIED BUYERS. PLEASE DO NOT DISTURB TENANT.

(954) 702-2757

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Additional Information

Hoa: Yes
Hoa Amount: 129
Status Label: ACTIVE
Total Unitsin Complex: 1
Construction: CBS Construction
Cooling: Ceiling Fan(s), Central Air
Flooring: Tile
Heating: Central
Lot Description: Less Than 1/4 Acre Lot
Roof: Flat Tile, Shingle
Taxes: $10,822
Total Floors: 1
Stories: 1
Roofing: Flat Tile, Shingle
Price Per Sqft: $290