Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,137 sq ft
Active · Condominium
$230,000
12551 SW 16th Court 206c, Pembroke Pines, FL 33027
- Beds
- 2
- Baths
- 2
- Living area
- 1,137 sq ft
- $ / sq ft
- $202/sq ft
- Year built
- 1996
- Lot size
- —
- HOA fee
- $441
- Annual tax
- —
About this property
Perfectly convenient to the Pembroke Road gate with no long drive to reach the unit which sits on the 2nd floor close to elevator. This unit offers a WASHER and DRYER in the unit, Custom closets, IMPACT WINDOWS, updated kitchen and bathrooms, and an enclosed patio with impact windows. Come enjoy this Resort-style gated community with 24/7 security with amenities that include a clubhouse, pool, gym, theater, many clubs to join, internal shuttle and so much more!!!. Falmouth is an extremely well-managed, sought after subdivision that maintains full reserves, and has no rental restrictions.
Property location
Get Directions12551 SW 16th Court 206c, Pembroke Pines, FL 33027
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1996
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $441
- County
- Broward
- MLS listing ID
- R11168562
- 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
$381
- Cap rate
- 7.7%
- Net yield
- 7.7%
- Cash-on-cash return
- 7.1%
- Gross yield
- 14.0%
- Mortgage payment
- $1,090/mo
- Down payment
- $57,500
- Loan amount
- $172,500
- Annual NOI
- $17,661
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.