$209,000
$219,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
912 SqFt
SOLD DATE : 02/14/2025
Key Details
Sold Price $209,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 912 sqft
Price per Sqft $229
Subdivision Coral Key Condo
MLS Listing ID A11706910
Sold Date 02/14/25
Bedrooms 2
Full Baths 1
Construction Status Resale
HOA Fees $365/mo
HOA Y/N Yes
Year Built 1989
Annual Tax Amount $4,173
Tax Year 2024
Contingent Association Approval
Property Sub-Type Condominium
Property 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.
Location
State FL
County Broward
Community Coral Key Condo
Area 3611
Interior
Interior Features First Floor Entry, Other
Heating Electric
Cooling Electric
Flooring Ceramic Tile
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Tennis Court(s)
Pool Association
Community Features Golf Course Community
Amenities Available Clubhouse, Golf Course, Pool, Tennis Court(s)
View Golf Course
Garage No
Private Pool Yes
Building
Lot Description On Golf Course
Structure Type Block
Construction Status Resale
Others
Pets Allowed Conditional, Yes
HOA Fee Include Maintenance Structure,Parking,Pool(s),Roof,Sewer,Water
Senior Community No
Tax ID 484123BC1570
Security Features Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Pets Allowed Conditional, Yes
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