5201 Yellow Pine Lane, Tamarac, FL 33319
$629,900 · 2,171 square feet · Active
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.
Listing courtesy of City Realty Partners, Inc, the listing brokerage, 954-344-1446. MLS number A12102070.
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