8630 SW 3rd Street, #201
Pembroke Pines, FL 33025
$199,000
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.
| MLS#: | A12117103 |
|---|---|
| Status: | Active |
| Living Area: | 805 |
| Association: | Windmill Lakes II Condo |
| Year Built: | 1989 |
| Amenities: | PicnicArea, Pool, Parking, TennisCourts |
| Association?: | Yes |
| Carport Spaces: | 0.0 |
| Covered Spaces: | 0.0 |
| Elementary School: | Pembroke Pines |
| Garage Spaces: | 0.0 |
| High School: | McArthur |
| Interior Features: | BedroomOnMainLevel, LivingDiningRoom |
| Financing Type: | Cash, Conventional |
| Security Features: | SecurityFence |
| Price: | $199,000.00 |
|---|---|
| Property Type: | Condominium |
| Total Area: | 805.0 |
| Waterfront Type: | LakeFront, None |
| Association Fee: | $521 |
| Association Fee Paid: | Monthly |
| Association Fee Includes: | CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, Pools, RecreationFacilities, Roof, Sewer, Trash, Water |
| Exterior Features: | Barbecue, TennisCourts |
| Flooring: | CeramicTile, Tile |
| Middle School: | Pines |
| Pets Allowed: | Yes |
| Pool Features: | Association |
| View: | Lake, Water |
| Pets Allowed?: | Yes |
Listing Courtesy of: The Keyes Company - Miramar
Listing Agent: Abel Otto
754-316-6086
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BeachesMLS data last updated on November 03, 2026 03:06 AM - ET
Property Last Updated: November 03, 2026 03:06 AM - ET
