8921 Palm Tree Lane 8921, Pembroke Pines, FL 33024 — MLS photo

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8921 Palm Tree Lane 8921, Pembroke Pines, FL 33024

Active · Condominium

$165,000

8921 Palm Tree Lane 8921, Pembroke Pines, FL 33024

Beds
3
Baths
3
Living area
1,472 sq ft
$ / sq ft
$112/sq ft
Year built
1975
Lot size
—
HOA fee
$811
Annual tax
—

About this property

IINVESTMENT OPPORTUNITY The building and this unit have been affected by a fire that originated in another unit. The Condominium Association is responsible for rebuilding or repairing the exterior elements, including the roof. Excellent location in the heart of Pembroke Pines. The property features a patio and beautiful lake view. The community offers a clubhouse, gym, pools, and tennis courts. Buyers must conduct their own due diligence, but there is potential for a high return on investment. Property is for sale AS IS. Schedule a visit today!

Property location

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8921 Palm Tree Lane 8921, Pembroke Pines, FL 33024

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,472 sq ft

Exterior & Structure

Property type
Condominium
Year built
1975
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$811
County
Broward
MLS listing ID
R11097017
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$838

Cap rate
11.8%
Net yield
11.8%
Cash-on-cash return
21.8%
Gross yield
22.6%
Mortgage payment
$782/mo
Down payment
$41,250
Loan amount
$123,750
Annual NOI
$19,445

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.