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About This Property
No HOA. Rented for $3,150/month. Rental income is supported by a government housing assistance program (as of March 2026: $2,544 government and $606 tenant). Potential rent at renewal of up to $3,670/month, based on current payment standards. Long-term tenant in place since September 2024. Lease renews 08/31/2026. || Current management company available for seamless transition. Please do not disturb tenant or knock on the door! || PORTFOLIO SALE AVAILABLE (review broker's remarks) ~10.4% return after property taxes, based on current contractual rents (before other operating expenses). Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida. * Total portfolio asking price: $4,198,000. * Total contractual rents for the portfolio: $42,497/month ($509,964/year). * Total 2025 property taxes: $73,955. *Tenant rents include a portion paid directly by the government.
Property Features
County
Broward County
Section
32
Area
1257
Subdivision
SUMMERTIME ISLES SECOND A
Interior
First Floor Entry, No Additional Rooms
Cooling
Ceiling Fan(s), Central Air
Bedrooms
3
Floors
Ceramic Floor, Tile
Full Baths
1
Appliances
Dryer, Electric Range, Refrigerator, Washer
Heating
Central
Style
Detached, One Story
Garage Spaces
0
Construction/Exterior
CBS Construction
Patio / Deck Description
Patio
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Municipal Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
3850
Has Waterfront
No
Parking Description
Driveway
View
None
Has Garage
No
Roof/Attic
Flat Tile
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Yes
Property SubType 2
Single Family Residence
Tax Year
2025
Year Built
1972
Tax Amount
$6379
APN
NA
Square Feet Source
NA
Map
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