1001 Colony Point Cir 503, Pembroke Pines, FL 33026 — MLS photo

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1001 Colony Point Cir 503, Pembroke Pines, FL 33026

Active · Condominium

$110,000

1001 Colony Point Cir 503, Pembroke Pines, FL 33026

Beds
2
Baths
2
Living area
1,021 sq ft
$ / sq ft
$108/sq ft
Year built
1980
Lot size
—
HOA fee
$912
Annual tax
—

About this property

Discover this 2-bedroom, 2-bath condo in Pembroke Pines located in the desirable Colony Point 55+ gated community. Situated on the 5th floor, this spacious residence offers 1,021 square feet of living space with a functional split-bedroom floor plan, bright living and dining areas, and plenty of potential to customize to your taste. This is an excellent opportunity for buyers seeking an affordable home in a Pembroke Pines active adult community with outstanding amenities and a central location. Colony Point is known for its resort-style clubhouse and impressive features, including a community pool, fitness center, theater, billiard room, library, card rooms, saunas, spas, tennis courts, racquetball courts, shuffleboard, walking/jogging path, fitness trail, docks, beaches, BBQ areas, tiki hut pavilions, and community bus service. This manned gated community also offers added peace of mind with 24-hour security and overnight patrol. Conveniently located near shopping, restaurants, medical offices, hospitals, parks, and major highways, this condo is ideal for buyers looking for low-maintenance South Florida living in a well-established 55 and older community in Pembroke Pines. Per association, at least one resident must be 55+, no rentals are permitted, and pets are not allowed. Great opportunity to own in one of Pembroke Pines’ most amenity-rich adult communities.

Property location

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1001 Colony Point Cir 503, Pembroke Pines, FL 33026

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,021 sq ft

Exterior & Structure

Property type
Condominium
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$912
County
Broward
MLS listing ID
A12001320
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

$218

Cap rate
8.1%
Net yield
8.1%
Cash-on-cash return
8.5%
Gross yield
23.3%
Mortgage payment
$521/mo
Down payment
$27,500
Loan amount
$82,500
Annual NOI
$8,878

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