Property Back to Results Property

8630 Sw 3rd St Unit #201, Pembroke Pines, FL 33025

$199,000
: 1
BD
: 2
BA
: 805
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $199,000
MLS#: A12117103
Complex Name: Windmill
Status: ACTIVE
Type: Condo
Bedrooms: 1
Full baths: 2
Living Area: 805

Refine Search

Property Description

Income property priced at $199,000, generating $1,850/month in rent ($22,200 gross annually) under a lease through November 2027. That is an 11.2% gross yield and a 6.1% cap rate after HOA dues ($521/month) and current property taxes ($3,869). The unit also suits an owner-occupant buyer. This 1-bed, 2-full-bath lakefront condo offers approx. 805 SF ($247/SF) with a direct water view, in Windmill Lakes, which has a community pool and tennis courts. Daily needs are within a mile: Publix at Pembroke Commons, Broward Meat & Fish, and dining along Pines Blvd including Baoshi Food Hall, Chipotle and Piacere Wood Fired Pizza. Sedano’s, a second Publix and Pembroke Pines City Center are within 2 miles. Rental demand is supported by nearby employment and education: Memorial Hospital Pembroke, Broward College South Campus and the Pembroke Commons/Crossroads Square retail corridor are all within about 2 miles. The location, just south of Pines Blvd, has access to I-75 and Florida’s Turnpike.

Search All Properties

Additional Information

Days on Market: 1
Interior Features: Second Floor Entry, Utility Room/Laundry
Tax Amount: $3,869
Waterfront Description: Lake
Water Access: None
Parcel Number: 514116AB0330
Bedroom Description: Entry Level
Exterior Features: Barbeque, Tennis Court(s)
Association Fee: $521
Unit View: Lake, Water View
Parking Restrictions: 1 Space, Additional Spaces Available
Unit Number: 201
Elementary School: Pembroke Pines
SqFt Liv Area: 805
Amenities: Barbecue, Pool, Tennis Court(s)
Year Built: 1989
Style: Condo 1-4 Stories, Condo
Restrictions: Corporate Buyer OK, Ok To Lease, Okay To Lease 1st Year
Development Name: Windmill Lakes Ii Condo
Middle School: Pines
Senior High School: Mcarthur
Construction Type: Concrete Block Construction, CBS Construction
Section: 16