8630 SW 3rd Street Unit 201, Pembroke Pines, FL 33025
- $199,000
- 1
- BD
- 2
- BA
- 805
- SqFt
- List Price
- $199,000
- Days on Market
- 1
- MLS#
- A12117103
- Bedrooms
- 1
- Full Bathrooms
- 2
- Sq. Ft
- 805
- Subtype
- Condominium
- County
- Broward
- Subdivision
- Windmill Lakes Ii Condo
- Year Built
- 1989
Property Description
Income property priced at $199,000, generating $1,850/month in rent ($22,200 gross annually) under a lease through November 2027. That is an 11.2% gross yield and a 6.1% cap rate after HOA dues ($521/month) and current property taxes ($3,869). The unit also suits an owner-occupant buyer. This 1-bed, 2-full-bath lakefront condo offers approx. 805 SF ($247/SF) with a direct water view, in Windmill Lakes, which has a community pool and tennis courts. Daily needs are within a mile: Publix at Pembroke Commons, Broward Meat & Fish, and dining along Pines Blvd including Baoshi Food Hall, Chipotle and Piacere Wood Fired Pizza. Sedano’s, a second Publix and Pembroke Pines City Center are within 2 miles. Rental demand is supported by nearby employment and education: Memorial Hospital Pembroke, Broward College South Campus and the Pembroke Commons/Crossroads Square retail corridor are all within about 2 miles. The location, just south of Pines Blvd, has access to I-75 and Florida’s Turnpike.
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Additional Information
- Hoa
- Yes
- Hoa Amount
- 521
- Pets Allowed
- Yes
- Construction
- CBS (Concrete Block Structure), Block
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Tile
- Heating
- Central
- Restrict
- Okay to Lease 1st Year, Other Restrictions, OK To Lease
- Security
- Security Fence
- Taxes
- $3,869
- View
- Lake, Water
- Amenities
- Picnic Area, Pool, Parking, Tennis Court(s)
- Waterfront
- Lake Front, None
- Stories
- 3
- Price Per Sqft
- $247
- Elementary School
- Pembroke Pines
- Middle School
- Pines
- High School
- McArthur
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Listing courtesy of The Keyes Company - Miramar. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Abel Otto | Email: agotto10567@gmail.com