1811 Sabal Palm Drive
$270,000
1811 Sabal Palm Drive, Davie, FL 33324
1,170 sqft
Building Size
100
Occupancy
Details:
Highlights:
- 1,170 SF building
- 1 unit / 3bed-2bath
- Davie location
- 100% occupancy
Description:
Discover the smart investor's entry point into one of Davie's most established and sought-after communities. This spacious 3-bedroom, 2-bathroom corner unit on the 4th floor of Sabal Palm Condo at Pine Island Ridge offers 1,170 sq ft of well-distributed living space, featuring a split bedroom layout, large walk-in closet in the master suite, in-unit washer/dryer, and a screened Florida room overlooking the garden — a rare find at this price point.
Currently leased through January 2027 at $2,500/month, this property generates immediate, reliable income with zero vacancy risk in the near term. The HOA is comprehensive, covering building exterior, cable TV, elevator, common areas, landscaping, pool service, trash removal, and water — keeping ownership costs predictable and low-maintenance.
The Pine Island Ridge lifestyle elevates the value proposition: residents access a private country club with golf course, tennis and basketball courts, fitness center, sauna, two restaurants and lounges, card and meeting rooms, BBQ areas, playground, jogging and biking paths, and a clubhouse — all anchored by a vibrant, established community culture. Priced at $270,000 in a market where comparable 3/2 units regularly trade above this range, this is a compelling buy-and-hold opportunity.
Discover the vibrant city of Davie, Florida, where the property is nestled in the heart of South Florida. With its prime location, investors can take advantage of the proximity to key points of interest such as the nearby Nova Southeastern University, Broward College, and the Seminole Hard Rock Hotel & Casino. Additionally, the area offers convenient access to highways, shopping centers, dining options, and recreational parks, providing an enticing blend of urban convenience and suburban tranquility. Davie's dynamic mix of cultural attractions, educational institutions, and recreational amenities makes it an appealing destination for multifamily and high-rise investors seeking a thriving and diverse community.
Location
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