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$107,000
● Condo - Off Market

#206

Pembroke Pines, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
945 Ft²
$194,357
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

WONDERFUL INVE$TMENT OPPORTUNITY!! 2/2 CAN RENT IMMEDIATELY.  NEEDS SOME REHAB, BUT WORTH THE EFFORT.  HAS RELIABLE TENANT THAT WOULD LIKE TO STAY. THIS IS A GREAT OPPORTUNITY - YOU WILL KICK YOURSELF IF YOU MISS IT!!
Unit Size
945 Ft²
Days on Market
-
Land Size
-
Price per sqft
$116
Property Type
Condo
Property Taxes
$140
HOA Dues
$316
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #F1363006)

Price History

Date / Event Date Event Price
Dec 15, 2015 Sold
Premium
Sold
Oct 19, 2015 Listed by Armen Realty Inc $109,500
Listed by Armen Realty Inc

Property Highlights

Parking Details
Parking Features: Assigned Parking, Guest Parking
Interior Details
Full Bathrooms: 2
Interior Features: Other Interior Features
Appliances: Refrigerator, Electric Range, Dishwasher, Washer, Dryer
Flooring Type: Tile Floors, Carpeted Floors
Exterior Details
Listing Terms: Cash Only
Construction Type: Cbs Construction, Concrete Block Construction
Exterior Features: Screened Porch
Financial Details
Total Taxes: $1,676
Tax Year: 2015
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Ceiling Fans, Central Cooling
Location Details
Location: PINES BLVD TO SW 89TH AV, SOUTH TO WINDMILL LAKES ON LEFT, INTO COMMUNITY AROUND TO LEFT
Subdivision Complex Building: Windmill Lakes
HOA Details
HOA Fee: $316 Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

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BEACHES

Listed by: Laurence Lebin
Armen Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1363006
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.
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