3400 N Pinewalk Dr N #915 new

Margate,FL 33063

$ 219000

2 Beds

1 Bath

912 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 912 sqft

Price per Sqft $240

Subdivision Coral Key Condo

MLS Listing ID A11706910

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Fees $365/mo

HOA Y/N Yes

Year Built 1989

Annual Tax Amount $4,173

Tax Year 2024

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.

Location

State FL

County Broward

Community Coral Key Condo

Area 3611

Interior

Interior Features First Floor Entry,Other

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer

Exterior

Exterior Feature Tennis Court(s)

Pool Association

Community Features Golf Course Community

Amenities Available Clubhouse,Golf Course,Pool,Tennis Court(s)

View Golf Course

Garage No

Building

Lot Description On Golf Course

Structure Type Block

Construction Status Resale

Others

Pets Allowed Conditional,Yes

HOA Fee Include Maintenance Structure,Parking,Pool(s),Roof,Sewer,Water

Senior Community No

Tax ID 484123BC1570

Security Features Other

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Pets Allowed Conditional,Yes

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