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Turnkey Condo Portfolio in Pembroke
For Sale
$1,825,000

13255 Sw 16th Ct, Pembroke Pines, FL

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

Property Size940 SF
Price / SF$1,941
Days on Market196

Property Features for 13255 Sw 16th Ct

General Information

Standard status Active
Size 940 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,308
Listing Agency: Beachfront Realty Inc
Listed By: Joseph Glavin · License #637170
Source: Exprealty
Added: Feb 9 Changed: Aug 23 Last Checked: Aug 21 at 4:41AM

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 (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service Law Firm Pet Grooming Service Florist

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

730
Businesses Nearby

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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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.
More about this property
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