Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,160 sq ft
Active · Condominium
$157,000
8901 NW 38th Dr 106, Coral Springs, FL 33065
- Beds
- 2
- Baths
- 2
- Living area
- 1,160 sq ft
- $ / sq ft
- $135/sq ft
- Year built
- 1976
- Lot size
- —
- HOA fee
- $589
- Annual tax
- —
About this property
Here’s a rare chance to secure a 2/2 in this community where rentals are wide open - no restrictions, just plug it into your portfolio and start generating cash flow. The screened balcony overlooks the water, giving it strong tenant appeal, and both bedrooms are generously sized. Pet-friendly up to 50 lbs and all-ages. The 40-year inspection is complete. Centrally located, excellent investment opportunity.
Property location
Get Directions8901 NW 38th Dr 106, Coral Springs, FL 33065
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1976
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $589
- County
- Broward
- MLS listing ID
- A11919627
- 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
$586
- Cap rate
- 10.2%
- Net yield
- 10.2%
- Cash-on-cash return
- 16.0%
- Gross yield
- 19.3%
- Mortgage payment
- $744/mo
- Down payment
- $39,250
- Loan amount
- $117,750
- Annual NOI
- $15,965
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.