$540,000
- 6 Beds
- 2 Baths
- 1,735 SqFt
- $311/SqFt
6 bed, 2 bath waterfront home on a large 6, 924 sqft lot. Rented for $5, 433/month. The rental income is supported by a government housing assistance program (as of february: $4, 716 government / $717 tenant). Lease renews 10/31/2026. The tenant has been at the property since december 2022. Roof 2020, ac 2022||
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.