Single Family Home SUMMERTIME ISLES SECOND A

$ 400,000
  • 3 bed
  • 1 bath
  • 3,850 ft2 (358 m2)
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Details
    • Listed on:
      February 06, 2026
    • Days on Market:
      56
    • Maintenance:
      n/a
    • Taxes:
      $ 6,379 per year
    • Year:
      1972
    • Furniture:
      -
    • Floor Description:
      Ceramic Floor, Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • No Additional Rooms
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
No HOA. Rented for $3,150/month. Rental income is supported by a government housing assistance program (as of April 2026: $2,560 government and $590 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.
Map view