Condominium for sale in SANDS POINT CONDOMINIUM II
Details
Description
Investor opportunity! This income-producing property is currently rented for $1,950 per month with a long-term Section 8 tenant who has occupied the unit for approximately five years. The current lease runs through March 2027, offering immediate rental income from day one. Rentals are permitted, making this an excellent addition to an investment portfolio. Conveniently located close to shopping, dining, transportation, and everyday necessities. The unit also includes additional storage, with community laundry available. An approximately $13,000 special assessment will be PAID IN FULL BY THE SELLER at closing, providing added value for the new owner. Offered at $149,900. Take advantage of this opportunity to acquire an already-occupied, income-producing property with an established tenant in place.
Features
Property Features
- Cooling: Ceiling Fan(s)
- Heating: Central
- Flooring: Ceramic Floor
- Appliances: Electric Range,Refrigerator
- Exterior Features: Open Balcony
Additional Features
- Accessibility Features: Accessible
- Amenities: Bike/Jog Path,Clubhouse-Clubroom,Laundry,Storage
- Exterior Features: None,Open Balcony
- View: Garden View
- Parking: 1 Space,Guest
- Interior Features: Elevator
Fees, Maintenance & Taxes
- Tax Annual Amount: $0
- Association Fee: $0
- Association Fee Frequency: Monthly
School Information
- County: Broward County
- Elementary School: Challenger
- Middle School: Millenium
- High School: Taravella