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Marta Dure

mardure@hotmail.com +1(305) 213-4430

$ 199,000

Est. payment | -/mo

1 Bed

2 Baths

805 SqFt

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$ 199,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

2 Baths

805 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 805 sqft

Price per Sqft $247

Subdivision Windmill Lakes Ii Condo

MLS Listing ID A12117103

Style Garden Apartment

Bedrooms 1

Full Baths 2

HOA Fees $521/mo

HOA Y/N Yes

Min Days of Lease 365

Leases Per Year 1

Year Built 1989

Annual Tax Amount $3,869

Tax Year 2025

Property Sub-Type Condominium

Property 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.

Location

State FL

County Broward

Community Windmill Lakes Ii Condo

Area 3180

Interior

Interior Features Bedroom on Main Level, Second Floor Entry, Living/Dining Room

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Tile

Appliance Dryer, Dishwasher, Electric Range, Refrigerator, Washer

Exterior

Exterior Feature Barbecue, Tennis Court(s)

Pool Association

Amenities Available Barbecue, Picnic Area, Pool, Tennis Court(s)

Waterfront Description Lake Front

View Y/N Yes

View Lake, Water

Garage No

Private Pool Yes

Building

Lot Description Flood Zone

Architectural Style Garden Apartment

Structure Type CBS (Concrete Block Structure),Block

Schools

Elementary Schools Pembroke Pines

Middle Schools Pines

High Schools Mcarthur

Others

Pets Allowed Pet Fee, Yes

HOA Fee Include Common Areas,Insurance,Maintenance Grounds,Maintenance Structure,Parking,Pool(s),Recreation Facilities,Roof,Sewer,Trash,Water

Senior Community No

Restrictions Corporate Buyer OK,Okay to Lease 1st Year,OK To Lease

Tax ID 514116AB0330

Security Features Complex Fenced

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Pet Fee, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12117103

Miami Association of Realtors (SEFMIAMI MLS)

Listed by The Keyes Company - Miramar

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(305) 213-4430

mardure@hotmail.com

8630 SW 3rd St #201 Pembroke Pines, FL 33025

Marta Dure

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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8630 SW 3rd St #201