A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Parking: No info
Size: 1,550 SqFt (144 m2)
Price: $306/SqFt ($3,299/m2)
Type: Single Family Home
Built: 1972
HOA: N/A
MLS Number: A11959939
View: Canal
On Site: 54 Days
Updated: 5 Days ago
Page Views: 0
No Hoa. 5 Bed, 2 Bath Waterfront Home On A Large 6,900 Sqft Lot. Rented For $4,806/month. The Rental Income Is Supported By A Government Housing Assistance Program (as Of April: $4,502 Government / $304 Tenant). Potential Rent At Renewal Of Up To $4,972/month, Based On Current Payment Standards. Lease Renews 01/31/2027. The Tenant Has Been At The Property Since Feb 2025. Impact Windows, Roof 2010, Ac 2024. ||
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.