Condo Sale Pending near Pine Island Ridge Lakes

Great opportunity in Everglades Village, Davie! Buy now and lock in your future home while earning immediate rental income. This updated 1-bedroom, 1.5-bath unit is rented through 03/20/2026 at $1,800 per month, generating $21,600 annually. HOA: $510/month | Taxes: $2,623/year | Estimated net income: $12,857/year | Approx. 7.8% cap rate. Renovated kitchen with stainless steel appliances, modern vinyl flooring, and updated baths. Quiet community with pool, private clubhouse, and green spaces. Located in an A-rated school zone, close to NSU, BCC, shops, and major highways. Important: after the current lease ends, the new owner cannot re-rent for 2 years per community rules. Ideal for future owner-occupants or a second home.

Property Details

  • Beds: 1
  • Baths: 1.0
  • Sq Feet: 645
  • Year Built: 1974
  • Location: Pine Island Ridge Lakes
  • ViewTypes: None
  • County: Broward County
  • Community: Orchid Tree Condo Four
  • Heat/AC: Electric (Heating)
  • Garage: Guest
  • Siding: Block
  • Roof:
  • Stories: 4
  • Property Taxes: $2,623
  • MLS #: A11822554
  • Yearly HOA Fee: $6,228
  • Unit Number: 206

Location

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Contact Information:

Contact Agent
Listing Agent: Henrique Faria, Avanti Way Premiere, 305-776-4746, 305-776-4746 Listing Site, Listing Status: Pending
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Condo Sale Pending in Davie, Florida
Ad Number : 6989267
Viewed: 21 times
Added: Nov 28, 2025
Updated on: Nov 28, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.