Coral Springs, FL 33065,2501 Riverside Dr #316-A
Coral Springs, FL 33065,2501 Riverside Dr #316-A
Coral Springs, FL 33065,2501 Riverside Dr #316-A
Coral Springs, FL 33065,2501 Riverside Dr #316-A
Coral Springs, FL 33065,2501 Riverside Dr #316-A
Coral Springs, FL 33065,2501 Riverside Dr #316-A
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$ 164,000
Est. payment | /mo

1 Bed

1 Bath

606 SqFt


$ 164,000
Est. payment | /mo

1 Bed

1 Bath

606 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 606 sqft

Price per Sqft $270

Subdivision Coral Springs Tower Club

MLS Listing ID A11831081

Style Other

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $317/mo

HOA Y/N Yes

Min Days of Lease 365

Leases Per Year 1

Year Built 1983

Annual Tax Amount $3,238

Tax Year 2024

Property Sub-Type Condominium

Property Description

Investor's Dream! Excellent opportunity to acquire a turnkey investment property with a reliable, long-term tenant in place. This unit has been tenant-occupied for the past 16 years, with on-time rent payments of $1,580/month. The current lease runs through August 31, 2025, and the tenant has expressed a strong interest in renewing at the same rate. With low HOA fees and minimal expenses, this property offers an impressive 7.4% return on investment. Secure cash flow from Day 1—perfect for the savvy investor seeking stability and consistent returns.

Location

State FL

County Broward

Community Coral Springs Tower Club

Area 3623

Direction JUST NORTH OF ROYAL PALM ON RIVERSIDE DR. ON THE RIGHT HAND SIDE OF THE ROAD 2501 RIVERSIDE DR. APT. 316A

Interior

Interior Features Living/Dining Room, Elevator

Heating None

Cooling Electric

Flooring Ceramic Tile

Equipment Intercom

Window Features Blinds,Impact Glass

Appliance Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator

Exterior

Exterior Feature None

Utilities Available Cable Not Available

Amenities Available Pool, Elevator(s)

View Garden

Garage No

Private Pool Yes

Building

Building Description Block, Exterior Lighting

Faces South

Story 1

Architectural Style Other

Level or Stories One

Structure Type Block

Construction Status Resale

Schools

Elementary Schools Forest Hills

Middle Schools Forest Glen

High Schools Coral Springs

Others

Pets Allowed Dogs OK, Yes

HOA Fee Include Common Areas,Insurance,Maintenance Grounds,Maintenance Structure,Pool(s),Roof,Sewer,Trash,Water

Senior Community No

Tax ID 484122CM0490

Ownership Corporation

Security Features Intercom,Phone Entry,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Dogs OK, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11831081

Listed by Oceanica International Realty
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2501 Riverside Dr #316-A