5201 Yellow Pine Lane, Tamarac, FL 33319

$599,900
2,171
SqFt

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List Price
$599,900
Days on Market
22
Price Change
▼ $30,000 1793253101
MLS#
A12102070
Year Built
1970
Living Area
2,171
Building Name
Woodlands Sec Five

Property Description

TURNKEY TAMARAC INVESTMENT WITH GOVERNMENT-FUNDED NONPROFIT TENANT IN PLACE. PROPERTY WAS RECENTLY COMPLETELY RENOVATED TO MEET THE TENANT’S HOUSING STANDARDS AND IS CURRENTLY GENERATING $5,495 PER MONTH / $65,940 IN ANNUAL CONTRACTUAL RENT. THIS 5 BEDROOM, 3 BATH SINGLE-FAMILY RESIDENCE OFFERS APPROXIMATELY 2,171 SF OF LIVING AREA ON AN OVERSIZED LOT. TENANT PAYS ELECTRICITY, WATER, SEWER AND TRASH, PROVIDING IMMEDIATE IN-PLACE INCOME WITH NO INITIAL LEASE-UP REQUIRED. EXTENSIVE IMPROVEMENTS AND UPGRADES THROUGHOUT. EXCELLENT OPPORTUNITY FOR INVESTORS AND 1031 EXCHANGE BUYERS SEEKING A STABILIZED SOUTH FLORIDA INCOME-PRODUCING ASSET WITH A GOVERNMENT-FUNDED NONPROFIT TENANT. LEASE AND TENANT INFORMATION AVAILABLE TO QUALIFIED BUYERS. PLEASE DO NOT DISTURB TENANT.

Additional Information

Taxes
$10,822
Hoa Fee
$129
Community Features
Woodlands Sec Five
Property Description
Duplex
Zoning
RE
Heating
Central
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
CBS Construction
Roof
Flat Tile, Shingle

Listing Courtesy Of City Realty Partners, Inc, Contact:

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