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Turnkey Condo Portfolio in Pembroke
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13255 SW 16th Ct, Pembroke Pines, FL 33027

Fifteen renovated condos in Century Village, generating substantial rental income.

Property Size940 SF
Price / SF$1,941
Days on Market193

Property Features for 13255 SW 16th Ct

General Information

Standard status Active
Size 940 SF
Total Parking Spaces 1
Property subtype Multifamily
Zoning (R-MF)
Net Operating Income $125,000

Building Details

Year Built 1994
Stories 4
Listing Agency: Beachfront Realty Inc
Listed By: Joseph Glavin · License #637170
Source: Crexi
Added: Feb 6 Changed: Aug 8 Last Checked: Aug 18 at 9:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beachfront Realty Inc

Investment Insights

Based on property information with market context.

This offering presents a portfolio of 15 condominium units located within the Century Village adult community in South Florida. The units have been renovated and feature updated gourmet kitchens with cabinetry, granite countertops, appliances, and LED lighting. Flooring consists of laminate or tile, and bathrooms include updated baths and vanities. All units are tenant-occupied and offer golf and water views. The properties are held free and clear under a single entity, which may facilitate a streamlined closing process. The owner projects an annual gross rental income of approximately $300,000, with a net income of approximately $125,000. The property is located in Pembroke Pines, Florida.

Key Highlights

  • Turnkey investment opportunity: 15 renovated condos in a premier adult community.
  • High income potential: Projected annual gross rental income of $300,000 with a net income of $125,000.
  • Prime location: Enjoy golf and water views.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby

Demographics for 33027, FL

63,726
Population
26,247
Households
2.4
Avg Household Size
45
Median Age
42%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
4,756
Density / Sq Mi
$73,450
Median Household Income
$50,689
Median Earnings
$1,788
Median Rent
$403,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fifteen renovated condos in Century Village, generating substantial rental income.
Where is this apartment building located?
The property is located at 13255 SW 16th Ct Pembroke Pines, FL.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Turnkey investment opportunity: 15 renovated condos in a premier adult community.; High income potential: Projected annual gross rental income of $300,000 with a net income of $125,000.; Prime location: Enjoy golf and water views.
(954) 667-5000 Call to check price and availability
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