2501 Riverside Dr #316-A
Coral Springs, FL 33065
606 sqft | 1 bed | 1 bath | #A11831081
Description
Investor’s Dream! Excellent opportunity to acquire a turnkey investment property with a reliable, long-term tenant in place. This unit has been tenant-occupied for the past 16 years, with on-time rent payments of $1,580/month. The current lease runs through August 31, 2025, and the tenant has expressed a strong interest in renewing at the same rate. With low HOA fees and minimal expenses, this property offers an impressive 7.4% return on investment. Secure cash flow from Day 1—perfect for the savvy investor seeking stability and consistent returns.
Property Details
- SubdivisionCORAL SPRINGS TOWER CLUB
- InteriorLobby, Elevator
- Parking TypeAssigned, Guest
- CountyBroward County
- High SchoolCoral Springs
- Elementary SchoolForest Hills
- ViewGarden View
- Exterior MaterialsOther, None
- Middle SchoolForest Glen
- Property SubtypeCondominium
- MLS #A11831081
- MLS #A11831081
- Property TypePurchase
- Cost164000
- Structure TypeCondo
- Year Built1983
- Square Feet606
- Hoa Fees317
- Bedrooms1
- Bathrooms1
- Full Baths1
- Stories5
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Cristhian Osorio (#3243427)
Listing Office: Oceanica International Realty (#OCAR01)
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