1901 Bermuda Circle M2, Coconut Creek, FL 33066 — MLS photo

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1901 Bermuda Circle M2, Coconut Creek, FL 33066

Active · Condominium

$99,900

1901 Bermuda Circle M2, Coconut Creek, FL 33066

Beds
2
Baths
2
Living area
1,210 sq ft
$ / sq ft
$83/sq ft
Year built
1985
Lot size
—
HOA fee
$822 Monthly
Annual tax
$3,982

About this property

Very large (1,210 sq ft) 2nd floor corner unit right next to the HEATED Bermuda Village pool. Building is very well-maintained, new elevator, new roof, newly re-done pool including chairs, tables, loungers & updated bathrooms, new building security, exterior painting in-progress. Laundry room on the same floor with no-cost machines. Fantastic GATED COMMUNITY with activities, clubs, golf course, main pool, aqua therapy, theater, walking paths and so much more. One assigned parking space (one car only) + spots for guests. Association dues are just $822 per month. Renting is allowed after 2 years of ownership. investors MUST visit the property prior to making an offer. Sight-unseen offers will not be considered or responded to. Close to the FL turnpike and just 7 miles to the beach!! HOA Requires15% Down and Minimum Credit Score 700 but will go as low as 650. WYNMOOR INCOME REQUIREMENT Annual income formula is: Monthly Maintenance+ Monthly Property Tax+ Monthly Insurance + (if applicable) Monthly Mortgage Principal/Interest X 12 X 6.

Property location

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1901 Bermuda Circle M2, Coconut Creek, FL 33066

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,210 sq ft
Flooring
Carpet
Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Cooling
Ceiling Fans, Electric, Central Air
Heating
Central, Electric
Interior features
Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1985
Stories
4
Lot size
0 sq ft
Architectural style
One Story
Roof
Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio
Pool
None, Association, Community, Heated
Spa
In Ground, Community
View
Garden

Parking

Covered spaces
0
Parking features
One Space

HOA, Community & Financials

Association fee
$822 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Parking, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Business Center, Clubhouse, Controlled Access, Library, Pool, Shuffleboard Court, Spa Hot Tub, Security, Storage, Tennis Courts, Trails, Elevators
Security
Security Gate
Pets allowed
No
Annual tax
$3,982
Subdivision
BERMUDA VILLAGE A CONDO
County
Broward
Days on market
133
MLS listing ID
B26032263
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

$480

Cap rate
11.5%
Net yield
11.5%
Cash-on-cash return
20.6%
Gross yield
29.5%
Mortgage payment
$474/mo
Down payment
$24,975
Loan amount
$74,925
Annual NOI
$11,446

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