645 sqft | 1 bed | 1 bath | #A11822554
Description
Investor Special! Turnkey 1/1 unit in Davie, rented through 03/20/2026 at $1,800/month. Generates $21,600/year in gross rental income with low expenses: $510/month HOA and $2,623/year in property taxes. Estimated net income: $12,857/year with an approximate 7.8% cap rate. Updated kitchen with stainless steel appliances, modern vinyl flooring, and renovated bathrooms. Quiet community with pool, green areas, and private club access. Located in a top-rated A school zone, ideal for attracting high-quality tenants. Minutes from NSU, BCC, shopping, dining, and major highways. Immediate rental income + strong ROI!
Property Details
- Parking Type1 Space, Guest, No Rv/Boats
- Exterior MaterialsNone, Screened Balcony
- SubdivisionORCHID TREE CONDO FOUR
- InteriorFirst Floor Entry
- CountyBroward County
- Middle SchoolIndian Ridge
- Property SubtypeCondominium
- Elementary SchoolFox Trail
- MLS #A11822554
- MLS #A11822554
- Property TypePurchase
- High SchoolWestern
- Cost165000
- Structure TypeCondo
- Year Built1974
- Square Feet645
- Hoa Fees519
- Bedrooms1
- Bathrooms1
- Full Baths1
- Stories4
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Henrique Faria (#3433996)
Listing Office: Avanti Way Premiere (#AVNT01)
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