2501 Riverside Dr
Apartment #316-A
$164,000 Price
1 Bedroom   1.0 Bath

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...

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.

Listing courtesy of Oceanica International Realty

 

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Coral Springs, Florida
Type: Condominium
Price: $164,000
Maintenance/CC: $317
Annual real estate tax: $3,238
Approx. square footage: 606 sf
Date Listed: 6/29/2025
Web ID: 11831081
MLS ID: A11831081

Info & Amenities

Type: Condominium
Bedrooms: 1
Bathrooms: 1.0
Built: 1983

Map of Area for 2501 Riverside Dr 316-A

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