Cays Realty
1672 Cypress Pointe Drive 1a, Coral Springs, FL 33071 — MLS photo

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1672 Cypress Pointe Drive 1a, Coral Springs, FL 33071

Active · Condominium

$300,000

1672 Cypress Pointe Drive 1a, Coral Springs, FL 33071

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$250/sq ft
Year built
1987
Lot size
—
HOA fee
$936 Monthly
Annual tax
$6,102

About this property

MOTIVATED SELLER OFFERING CONCESSIONS TOWARDS HOA FEES!!! Tenant occupied. Wonderful investment opportunity. This beautiful unit features a W/D, stainless steel appliances, quartz countertops, NEST system, garage and two driveway parking spaces. A/C & WATER HEATER 2023. Located just steps from the community pool, this pet-friendly property offers easy, low-maintenance living. HOA includes roof and exterior maintenance, building insurance, lawn care, water, sewer, trash, and well-funded reserves. Close to parks, pickleball, tennis, shopping, dining, top-rated hospitals, golf courses, and the Coral Springs Center for the Arts. Comfort and convenience await. Make it yours today!

Property location

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1672 Cypress Pointe Drive 1a, Coral Springs, FL 33071

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Main Level Primary, Split Bedrooms
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1987
Stories
2
Lot size
0 sq ft
Architectural style
Garden Apartment
Roof
Barrel
Construction
CBSConcrete Block Structure, Block
Pool
None, Association, Community
View
Garden, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Driveway, Electric Vehicle Charging Stations, Garage, One Space, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$936 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Pest Control, Sewer, Trash, Water
Amenities
Barbecue, Picnic Area, Pool
Security
Smoke Detectors
Pets allowed
No
Annual tax
$6,102
Subdivision
WESTWOOD AT CYPRESS RUN CO
County
Broward
Days on market
261
MLS listing ID
R11160508
Listing status
Active

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

Estimated monthly cash flow

-$355

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.1%
Gross yield
11.9%
Mortgage payment
$1,422/mo
Down payment
$75,000
Loan amount
$225,000
Annual NOI
$12,804

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