Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 690 sq ft
Active · Condominium
$156,000
9461 Evergreen Pl 305, Davie, FL 33324
- Beds
- 1
- Baths
- 1
- Living area
- 690 sq ft
- $ / sq ft
- $226/sq ft
- Year built
- 1974
- Lot size
- —
- HOA fee
- $530
- Annual tax
- —
About this property
Investor's dream in the heart of Davie! Bright 1/1 condo, 690 SF in desirable Pine Island Ridge. Currently leased through November 2026 — immediate income from day one generating a 6%+ cap rate. Resort-style community with pool, fitness center, tennis, golf, 2 restaurants & 24-hr concierge. HOA covers building exterior, landscaping & amenities. Assigned parking. Minutes to NSU, Broward College, I-595 & FLL. Affordable entry point in a high-demand rental market. Don't miss this opportunity! Ok to lease first year.
Property location
Get Directions9461 Evergreen Pl 305, Davie, FL 33324
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1974
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $530
- County
- Broward
- MLS listing ID
- A11986748
- 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
-$113
- Cap rate
- 4.8%
- Net yield
- 4.8%
- Cash-on-cash return
- -3.1%
- Gross yield
- 12.9%
- Mortgage payment
- $740/mo
- Down payment
- $39,000
- Loan amount
- $117,000
- Annual NOI
- $7,523
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.