Residential

3940 Inverrary

Lauderhill, FL 33319

ML#:R11163249

List Price:$220,000

Status:Active

Days on Market:118

Listing Brkr:Dalton Wade Inc

Subdivision:18TH HOLE AT INVERRARY CON

Bedrooms:2

Baths:2

SqFt (Liv):1,260

Lot Size:0 sqft

Year Built:1980

Stories:8

INVESTOR OPPORTUNITY: Fully Furnished with Creditable Tenant Situated within a 55+ community, the 2 bdr/2 bath condo is designed as an open-concept living area that leads to a private balcony. The kitchen is updated with contemporary countertops, ample cabinetry and modern appliances. The master bedroom includes two large closets, an en-suite bath, with an office/sitting area that leads out to the patio. The second bedroom is ideal for guests. This condo carries an in-unit laundry. A wide array of amenities, including a fitness center, pool, tennis and pickleball courts, exercise room, billiard table, library, sauna and BBQ area. The facilities offer options to entertain for leisure and recreation. The condo has storage and a private parking spot outside the stairway. The building is located close to the redevelopment of the Inverrary Country Club, with plans on the way to reintroduce the signature golf course. Maintenance fees cover cable TV, internet, pest control, water/sewer, garbage removal, building insurance and 24-hour manned gate security. The property is currently occupied by tenants with strong credit, whose lease runs until December 31, 2026. This arrangement allows investors to immediately benefit from rental income, bypassing the typical one-year waiting period before leasing. The homeowners association requires a 20% down payment with any offer, a minimum credit score of 710, an annual income of at least $45,000 and six months' worth of maintenance fees to be held in escrow.