8630 SW 3rd Street 201, Pembroke Pines, FL 33025

$199,000

For Sale

1 bd · 2 ba · 805 sqft

8630 SW 3rd Street 201, Pembroke Pines, FL 33025

Windmill Lakes Ii Condo

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 mil…

Type
Condominium
Year built
1989
ZIP
33025

Listing courtesy of The Keyes Company - Miramar