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Home Florida Miami Condominiums Margate Coral Key Condo #1315 in CORAL KEY CONDO

Apartments Coral Key Condo

$ 199,500
  • 1 bed
  • 1 bath
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Details
    • Listed on:
      January 27, 2025
    • Days on Market:
      1
    • Maintenance:
      n/a
    • Taxes:
      $ 3,650 per year
    • Year:
      1989
    • Furniture:
      -
    • Floor Description:
      Ceramic Floor
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Golf View
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
  • Exterior Features:
    • On Golf Course
    • Barbeque
    • Tennis Court(s)
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Attention Investors! Explore this 1 bedroom 1 bathroom + DEN unit featuring vaulted ceiling & open floor plan!
Convenience is key with an in-unit washer and dryer, making daily chores a breeze. This community has no rental restrictions, is open to all ages and pet-friendly & gives you the freedom to lease the unit immediately.
This unit currently has a long-term, timely paying renter who signed a lease for $1,550/month through July 2025.
**Monthly Net income = $950 (after expenses paid) - Cap rate = 6%**
This is a first-floor unit with tile flooring throughout along with numerous amenities, including 2 tennis courts, a volleyball court, a fitness center, and 2 pools with a jacuzzi. Don't miss out on this fantastic opportunity to add a valuable asset to your investment portfolio!
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