No HOA • 4 bed / 2 bath water view home • Rented for $3,586/month • Rental income is supported by a government housing assistance program • Potential rent on renewal up to $4,067/month based on current payment standards • Lease renews 10/31/2026 • Impact windows and doors • Roof 2016 • AC unit 2017 • Water heater 2023 • Spacious lot of 6,002 sqft.
• Video tour available
• Current management company available for seamless transition
• Please do not disturb tenant or knock on the door
|| PORTFOLIO SALE AVAILABLE (review broker's remarks)
~10.4% return after property taxes, based on current contractual rents (before other operating expenses).
Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida.
* Total portfolio asking price: $4,198,000.
* Total contractual rents for the portfolio: $42,497/month ($509,964/year).
* Total 2025 property taxes: $73,955.
*Tenant rents include a portion paid directly by the government.