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5525 N Lakewood Cir N #211 Margate, FL 33063
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Key Details
Sold Price $163,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 970 sqft
Price per Sqft $168
Subdivision Lakewood On The Green Con
MLS Listing ID A11419342
Sold Date 09/01/23
Style Garden Apartment
Bedrooms 2
Full Baths 2
Construction Status Unknown
HOA Fees $558/mo
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $395
Tax Year 2022
Contingent 3rd Party Approval
Property Description
**INVESTORS DREAM-WILL BE RENTED FROM DAY 1—ALL AGES & IMMEDIATE RENTING OK! THIS SPACIOUS 2/2 CORNER CONDO CENTRALLY LOCATED IS AN EXCELLENT INVESTMENT OPPORTUNITY PROPERTY FEATURES LAMINATE FLOORING IN BOTH BEDROOMS, A/C REPLACED IN 2020 AND ALL APPLIANCES ARE UNDER 5 YEARS OLD. PLENTY OF CLOSET SPACE, AN ENCLOSED PATIO WITH PEACEFUL GARDEN VIEWS- ALL IN A LOVELY COMPLEX WITH CLUBHOUSE, HEATED POOL, TENNIS COURTS AND FITNESS CENTER. EACH UNIT HAS ADDITIONAL STORAGE AND LAUNDRY IS ON EACH FLOOR. 2 PETS ALLOWED UP TO 25LBS EACH. SELLER TO LEASE-BACK PROPERTY FROM DATE OF CLOSING AT $1500 P/M FOR ANNUAL LEASE W/ OPTION TO RENEW. IMMEDIATE CASH FLOW AND NO WORK NEEDS TO BE DONE WHILE SELLER OCCUPIES CONDO. RENTAL COMPS ONCE PROPERTY IS REMODELED IS AROUND $2,000 P/M GENERATING A 7% ROI!
Location
State FL
County Broward County
Community Lakewood On The Green Con
Area 3524
Interior
Interior Features First Floor Entry, Other, Pantry, Walk-In Closet(s)
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet, Wood
Window Features Blinds
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Patio
Pool Association, Heated
Amenities Available Clubhouse, Fitness Center, Laundry, Pool, Storage, Tennis Court(s), Trash
View Garden
Porch Patio
Garage No
Building
Architectural Style Garden Apartment
Structure Type Block
Construction Status Unknown
Others
Pets Allowed Conditional, Yes
HOA Fee Include Amenities,Common Areas,Cable TV,Maintenance Structure,Roof,Sewer,Trash,Water
Senior Community No
Tax ID 484231AA0110
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
Pets Allowed Conditional, Yes
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Bought with Momentum Luxury Real Estate, LLC.