$230,000
●
Condo -
Off Market
3600 Citrus Trce #2
Davie, FL 33328
1 Bed
2 Baths,
1
Half Bath
901 Ft²
$1,515
Est. Monthly
$294
HOA / Fees
12.37%
Cap Rate
About This Property
This perfectly maintained & tastefully updated 1 bedroom/ 1.5
bathroom condo located in Isla Merita is ready for occupancy.
Located on the first floor for convenience, the location could not
be better; close to major highways, shopping, & in a great school
district. This unit features an updated kitchen with granite
counters & stainless steel appliances, plus a newer washer & dryer.
The spacious master suite is complete with built-in closets for
extra storage & a redone bathroom with tub/shower combination &
quartz counters. Additional features include 2 ASSIGNED parking
spaces, a walk-in pantry, tile flooring throughout, & accordion
shutters on all windows. The spacious screened patio offers peace &
tranquility with relaxing water/ golf course views. Very low HOA
fee of only $294 monthly!
Unit Size
901 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
Condo
Property Taxes
$116
HOA Dues
$294
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Beaches MLS #F10457434)
Price History
Property Highlights
Elevator
Parking Details
Parking Features: 2 Or More Spaces, Assigned Parking, Guest Parking
Interior Details
Full Bathrooms: 1
Half Bathrooms: 1
Main Level Bathrooms: 2
Interior Features: Foyer Entry, Pantry
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry Appliances: Washer and Dryer
Flooring Type: Tile Floors
Dining Room: Family/Dining Combination, Snack Bar/Counter
Exterior Details
Listing Terms: Cash
Construction Type: Cbs Construction, Other Construction
Exterior Features: Screened Porch, Storm/Security Shutters
Financial Details
Total Taxes: $1,390
Tax Year: 2023
Possession Information: Funding, Lease back
Utilities Details
Heating Type: Central Heat
Cooling Type: Ceiling Fans, Central Cooling
Location Details
Location: From S Pine Island Rd, turn east on Sw 38th Ct. Make your first left onto Citrus Trace into Isla Merita Condos. The building is straight back past the pool and all the way to the back of the complex. Park in space #90 or #92.
Subdivision Complex Building: Isla Merita
Water Access: None
Waterfront Description: Canal Front
HOA Details
HOA Fee: $294 Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2024
|
1 Bed
|
2 Bath
|
901 ft²
|
$224,900
1 Bed
2 Bath
901 ft²
|
$230,000
+2.27%
09/27/2024
|
Adam Reed Turey PA
United Realty Group, Inc
| |
|
06/28/2019
|
2 Bed
|
2 Bath
|
1340 ft²
|
$200,000
2 Bed
2 Bath
1340 ft²
|
$195,000
-2.50%
08/16/2019
|
Natali Levine
Keller Williams Realty Profess
| |
|
06/26/2014
|
1 Bed
|
1 Bath
|
865 ft²
|
$95,000
1 Bed
1 Bath
865 ft²
|
$90,000
-5.26%
09/08/2014
|
Lisa Caron
A Caruana & Associates Real Es
| |
|
10/30/2011
|
2 Bed
|
2 Bath
|
1340 ft²
|
$108,000
2 Bed
2 Bath
1340 ft²
|
$100,000
-7.41%
04/09/2012
|
Alexa Arachy
RE/MAX Realty Associates
|
Building Info
3600 Citrus Trace
3600 Citrus Trace, Fort Lauderdale, FL 33328
- 1 Unit for Sale
About Isla Merita Homes
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Listed by: Adam R Goldstein PA
Trust Realty USA, LLC
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10457434
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' 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 listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Trust Realty USA, LLC
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10457434
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