$219,000
For Sale

3400 N Pinewalk Dr N #915

Margate, FL 33063
912 sqft | 2 beds | 1 bath | #A11706910
Type:Purchase
Structure:Condo
Zone:Residential

Description

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.

  • Property Details
      • Parking Type2 Or More Spaces, Assigned, Guest
      • Exterior MaterialsOn Golf Course, Tennis Court(s)
      • InteriorFirst Floor Entry
      • SubdivisionCORAL KEY CONDO
      • CountyBroward County
      • Property SubtypeCondominium
      • ViewGolf View
      • MLS #A11706910
      • MLS #A11706910
      • Property TypePurchase
      • Cost219000
      • Structure TypeCondo
      • Year Built1989
      • Square Feet912
      • Hoa Fees365
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Stories3

Location

United Realty GroupAlejandro Cruz
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00