2501 Riverside Dr #316A

Coral Springs, FL 33065

  • 1 Bed(s)
  • 1 Bath(s)
  • 606 Sqft
$164,000

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.

  • Property Type

    Residential

  • Subdivision

    Coral Springs Tower Club

  • County

    Broward

  • Style

    Other

  • AD ID

    50304886

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Property Details

  • Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Interior Features

    • LivingDiningRoom,Elevator

    Flooring Information

    • CeramicTile

    Heating & Cooling

    • Heating: None
    • Cooling: Electric

  • Building Information

    • Year Built: 1983

    Exterior Features

    • None

  • Property Information

    • Subdivision: CORAL SPRINGS TOWER CLUB

  • Listing Price Information

    • Original List Price: $164000

  • Tax Information

    • Annual Tax: $3238

  • Parking Information

    • Assigned,Guest

    Homeowners Association Information

    • Included Fees: CommonAreas,Insurance,MaintenanceGrounds,MaintenanceStructure,Pools,Roof,Sewer,Trash,Water
    • HOA: 317

  • School Information

    • Elementary School: Forest Hills
    • Junior High School: Forest Glen
    • Senior High School: Coral Springs

    Utility Information

    • CableNotAvailable

    Location Information

    • Direction: JUST NORTH OF ROYAL PALM ON RIVERSIDE DR. ON THE RIGHT HAND SIDE OF THE ROAD 2501 RIVERSIDE DR. APT. 316A
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BuyOwner last updated this listing 07/04/2025 @ 13:45

  • MLS: A11831081
  • LISTING PROVIDED COURTESY OF: Cristhian Osorio, Oceanica International Realty
  • SOURCE: SEFMIAMI

is a Home, with 1 bedrooms which is for sale, it has 606 sqft, 606 sized lot, and 0 parking. are nearby neighborhoods.