7751 Southampton Ter #405TamaracFL33321
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tamarac at 7751 Southampton Ter #405, Tamarac, FL, 33321 uses $61,328 cash to close to unlock $8,205/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $2,598/mo, and a $905/mo payment keeps the spread at $684/mo. Purchase price stands at $185,000, and rental yield measures 16.85% with $2,598/mo rent. Return on cash invested shows 33.29% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 180.04% and total cumulative return in cash records $110,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,598/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$687 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Sold | $185,000 |
| 2025-06-13 | Pending sale | $185,000 |
| 2025-05-14 | Listed for sale | $185,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1614.86 | 3.25% | $95,970 | 2.99% |
| 2023-10-25 | $1563.98 | 4.11% | $93,180 | 3.00% |
| 2022-10-25 | $1502.18 | 3.48% | $90,470 | 2.99% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 2000
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,275 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Laminate, Tile
- Interior Features: Walk-In Closet(s)
- Exterior Features: Exterior Cat Walk, Balcony, Tennis Court(s)
- Parking Features: 1 Space, Guest
HOA & Fees
- HOA Fee: $687 monthly
- Association Fee: $687 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Tina Zummo • Oleander Realty Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10502715
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.