About 5201 Yellow Pine Lane
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.
Features of 5201 Yellow Pine Lane
| MLS® # | A12102070 |
|---|---|
| Price | $629,900 |
| Square Footage | 2,171 |
| Year Built | 1970 |
| Type | Multi-Family |
| Status | New |
Community Information
| Address | 5201 Yellow Pine Lane |
|---|---|
| Area | 3740 |
| Subdivision | WOODLANDS SEC FIVE |
| City | Tamarac |
| County | Broward |
| State | FL |
| Zip Code | 33319 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Not Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air, Ceiling Fan(s) |
| # of Stories | 1 |
Exterior
| Roof | Flat, Shingle, Tile |
|---|---|
| Construction | CBS |
School Information
| Elementary | Pinewood (Broward) |
|---|---|
| Middle | Silver Lakes |
| High | Boyd H. Anderson |
Additional Information
| Zoning | RE |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 129 |
Listing Details
| Office | City Realty Partners, Inc |
|---|