9438 SW 51st St

Property Description

No HOA. Rented for $3,150/month. Rental income is supported by a government housing assistance program (as of February 2026, the government pays 100% of the rent). Potential rent at renewal of up to $3,670/month, based on current payment standards. Long-term tenant in place since September 2024. Lease renews 08/31/2026. || Current management company available for seamless transition. Please do not disturb tenant or knock on the door! || PORTFOLIO SALE AVAILABLE (review broker's remarks) ~10.4% return after property taxes, based on current contractual rents (before other operating expenses). Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida. * Total portfolio asking price: $4,198,000. * Total contractual rents for the portfolio: $42,497/month ($509,964/year). * Total 2025 property taxes: $73,955. *Tenant rents include a portion paid directly by the government.