2040 NW 81st Ave 117, Pembroke Pines, FL 33024 — MLS photo

Active · Condominium

$195,999

2040 NW 81st Ave 117, Pembroke Pines, FL 33024

Beds: 2
Baths: 2
Living area: 870 sq ft
$ / sq ft: $225/sq ft
Year built: 1972
Lot size: —
HOA fee: $358 Monthly
Annual tax: $2,000

About this property

GREAT PRICE REDUCTION!! BEAUTIFUL AND CLEAN 1ST FLOOR UNIT,CENTRALLY LOCATED CONDO WITH NO AGE LIMIT. PERFECT FOR INVESTORS AND END USER.ALSO CAN RENT IMMEDIATELY. FRESHLY PAINTED WITH CERAMIC FLOORING THROUGHOUT. NEWER A/C AND DISHWASHER. . SCREENED PORCH. JUST ONE BLOCK WEST OF UNIVERSITY.PARKING IS RIGHT IN FRONT OF THE UNIT.VERY SAFE COMMUNITY WITH POOL AND OTHER AMENITIES.CLOSE PROXIMITY TO EVERYTHING.

Property location

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2040 NW 81st Ave 117, Pembroke Pines, FL 33024

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 870 sq ft
Flooring: Ceramic Tile
Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
Cooling: Central Air
Heating: Central
Interior features: Breakfast Bar, Bedroom On Main Level, First Floor Entry, Living Dining Room, Stacked Bedrooms

Exterior & Structure

Property type: Condominium
Year built: 1972
Stories: 2
Architectural style: Garden Apartment
Construction: CBSConcrete Block Structure, Block
Exterior features: Enclosed Porch, Fence, Fruit Trees
Pool: Association
View: Garden, Other

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Assigned, Guest, One Space

HOA, Community & Financials

Association fee: $358 Monthly
Fee inclusions: Amenities, Common Areas, Maintenance Structure, Trash, Water
Amenities: Clubhouse, Pool
Security: Complex Fenced
Pets allowed: Conditional, Yes
Annual tax: $2,000
Subdivision: UNIVERSITY MANORS CONDO N
County: Broward
Days on market: 159
MLS listing ID: A12017133
Listing status: Active

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Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

$326

Cap rate: 7.7%
Net yield: 7.7%
Cash-on-cash return: 7.1%
Gross yield: 12.9%
Mortgage payment: $929/mo
Down payment: $49,000
Loan amount: $146,999
Annual NOI: $15,066

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