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About This Property
Investor opportunity! This income-producing property is currently rented for $1,950 per month with a long-term Section 8 tenant who has occupied the unit for approximately five years. The current lease runs through March 2027, offering immediate rental income from day one. Rentals are permitted, making this an excellent addition to an investment portfolio. Conveniently located close to shopping, dining, transportation, and everyday necessities. The unit also includes additional storage, with community laundry available. An approximately $13,000 special assessment will be PAID IN FULL BY THE SELLER at closing, providing added value for the new owner. Offered at $149,900. Take advantage of this opportunity to acquire an already-occupied, income-producing property with an established tenant in place.
Property Features
County
Broward County
Section
9
Area
1025
Subdivision
SANDS POINT CONDOMINIUM II
Interior
Elevator
Cooling
Ceiling Fan(s)
Bedrooms
2
Floors
Ceramic Floor
Full Baths
2
Appliances
Electric Range, Refrigerator
Heating
Central
Style
Garage Spaces
0
Construction/Exterior
CBS Construction
Patio / Deck Description
Open Balcony
Exterior
None, Open Balcony
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
1 Space, Guest
View
Garden View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Condominium
Tax Year
2025
Year Built
1976
Tax Amount
$3803
APN
NA
Square Feet Source
NA
Map
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