$400,000
- 3 Beds
- 1 Baths
- 979 SqFt
- $409/SqFt
Mid-Tier
House for sale in Summertime Isles9438 SW 51st St, Cooper City, FL 33328No 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.