3360 Pinewalk Dr N APT 1315, Margate, FL 33063

$179,000

CORAL KEY CONDO

MLS#: A11733268
Year Built: 1989
Last Update: May 22, 2025
Property Type: Residential (Condominium)
Previous Price: $189,900
1Bedrooms
1 FullBathrooms
712 SqFtLiving Area
712 SqFtTotal Area
CORAL KEY CONDOSubdivision
Summary
Attention Investors! Explore this 1 bedroom 1 bathroom + DEN unit featuring vaulted ceiling & open floor plan! Convenience is key with an in-unit washer and dryer, making daily chores a breeze. This community has no rental restrictions, is open to all ages and pet-friendly & gives you the freedom to lease the unit immediately. This unit currently has a long-term, timely paying renter who signed a lease for $1,550/month through July 2025. **Monthly Net income = $950 (after expenses paid) - Cap rate = 6%** This is a first-floor unit with tile flooring throughout along with numerous amenities, including 2 tennis courts, a volleyball court, a fitness center, and 2 pools with a jacuzzi. Don't miss out on this fantastic opportunity to add a valuable asset to your investment portfolio!
Details
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