8% Cap Rate, $18,136 NOI. Acquire a self-managed, fully leased 2-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 1bed/1.5bath units, all located in well-maintained 55+ communities with well-established, pet-free tenants. The communities are 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $6200 transfer. This structure consolidates 2 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only 18 Brittany A, Delray Beach, FL 33446 3774 Inverrary Boulevard 205, Lauderhill, FL 33319 A membership-interest transfer may have different property tax implications than a deed transfer*
Las Vistas in Inverrary Condominiums, located between Inverrary Blvd and Rock Island Rd, is a condo and golf-adjacent Lauderhill neighborhood with mid-rise buildings and lakefront greenspace. The scene concentrates around the Inverrary Boulevard corridor near Rock Island Road, where clubhouse drives, palms, and steady local traffic set a resort-residential tone. Architecture leans toward 1970s–1980s condominium towers with balconies, courtyards, and water views. Daily rhythms orbit Inverrary Country Club’s fairways and the neighborhood’s internal lakes and walking loops. For culture and local flavor, Broward Center for the Performing Arts, Island SPACE Caribbean Museum, and Swap Shop anchor nearby outings.
Provided by Walk Score and Local Logic
Market insights
3774 Inverrary Blvd · $225,000
DAYS ON MARKET
1 days
The average home goes pending in 114 days.
SALE-TO-LIST
94.0%
Most homes are selling 6% below list price.
LIST PRICE
$225,000
Median sale price in this area is $199,818. (11% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Flooring
Tile
Heating & cooling
Central heating
Central air conditioning
Home design
Duplex
Two stories
Construction
CBS construction
Composition roof
Utilities
Public water
Public sewer
Water connected
Two separate electric meters
Two separate water meters
HOA & community
Association pool
Cable TV included in association fee
Senior community
Financial info
Two units
Tenants pay electricity and water
Pets not allowed
Electricity and solar
View estimated energy costs and solar savings for this home