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Investment Opportunity with Strong Returns and Strategic Location This is an excellent investment opportunity for buyers seeking immediate cash flow, long-term stability, and low operating costs. The property is a one-bedroom, one-bathroom unit currently rented through June 2026, providing guaranteed income from day one with no vacancy risk. The investment offer cap rate, supported by stable rental income and low HOA fees, allowing for an attractive net return after expenses. The unit is located in a highly desirable area just minutes from Sawgrass Mills Mall, one of the largest and most popular shopping destinations in South Florida, which significantly increases rental demand. The property also offers quick and convenient access to major highways, making commuting to Fort Lauderdale, Miami, and surrounding areas easy. Located directly across from a school and within a well-established neighborhood, the area provides long-term tenant appeal and stability. This property represents a solid, low-maintenance investment with proven income, excellent location, and strong future potential, making it ideal for both seasoned investors and those looking to expand or start their real estate portfolio.
| DAYS ON MARKET | 4 | LAST UPDATED | 1/5/2026 |
|---|---|---|---|
| TRACT | ISLES AT LAGO MAR CONDO | YEAR BUILT | 1991 |
| COMMUNITY | 3860 | GARAGE SPACES | 1.0 |
| COUNTY | Broward | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Sawgrass |
|---|---|
| Jr. High School | Bair |
| High School | Plantation High |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
| AREA | 3860 |
| CONSTRUCTION | Other |
| EXTERIOR | None |
| GARAGE | Yes |
| HEAT | Other |
| HOA DUES | 437 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| PARKING | Detached, Garage, Guest, Open |
| POOL DESCRIPTION | Association |
| STORIES | 2 |
| STYLE | None |
| SUBDIVISION | ISLES AT LAGO MAR CONDO |
| TAXES | 4547 |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Oasis Blue Realty
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