New Listing - 12/09/2024
3400 N Pinewalk Dr N, #915, Margate, FL, 33063
2 beds
1 Full baths
1989
912 sqft
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.
Status:
Active
Type:
Condo
Complex:
CORAL KEY CONDO
Garage:
Assigned, Guest, Two or More Spaces
Heating:
Electric
Cooling:
Electric
Levels:
3
Common Charge:
$365 Monthly
Est. Taxes:
$4,173
HOA Fee
$365
Construction
Block
Lot Description:
On Golf Course
View Description:
Golf Course
Amenities:
Clubhouse, Golf Course, Pool, Tennis Court(s)
Days on Market:
1
Pet Allowed:
Yes
Pet Policy:
Conditional, Yes
Appliances:
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Pool:
Association
MLS #:
A11706910
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Florida Realty Wealth Group Inc. Phone: 305-390-2737