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9930 Twin Lakes Dr #7-L, Coral Springs, FL, 33071

2beds
2baths
768sqft
$181,500
$236price/sqft
$1,627/moest. monthly cost
$65,080/yrincome needed

About This Home

INVESTOR'S DREAM — TENANT IN PLACE THROUGH JANUARY 31, 2027. Rare opportunity to acquire a fully occupied, cash-flowing condo in the heart of Coral Springs generating a cap rate of approximately 4.5%. Current tenant pays $1,900/month with a lease secured through January 31, 2027 — buyer starts collecting rent from day one with zero vacancy risk. This bright 2-bedroom / 2-bathroom top-floor apartment is nestled in the sought-after Lakewood Village community. The split-bedroom layout offers privacy. Fully equipped kitchen with dishwasher, microwave, electric range, and refrigerator. In-unit washer and dryer, closets , tile floors throughout, and one assigned parking space. The kind of unit tenants love and rarely leave. HOA fee covers water, sewer, trash, pest control (interior), landscaping, and common area maintenance — making expenses predictable and manageable. Community amenities include a pool, kiddie pool, spa/hot tub, and clubhouse. Unbeatable location — minutes from Coral Square Mall, top-rated restaurants, major highways, and A-rated schools (Maplewood Elementary, Ramblewood Middle). High rental demand area with strong long-term fundamentals. A true plug-and-play investment in South Florida's resilient market. Conventional Loan requires 25% downpayment.

Getting Around

54
WalkingSomewhat Walkable
38
TransitSome Transit
53
BikeBikeable

Schools

7/10
7/10
Ramblewood Middle SchoolGrades 6-81.3 mi
5/10

Construction

Condition

  • Year built: 1982

Materials

  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Electric Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Other,Pantry,Split Bedroom
  • Flooring: Ceramic Tile,Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 768
  • Total interior livable area: 768 sqft

Property

Details

  • Parcel number: 484133AB1920
  • Attached to another structure: Yes

Features

  • Entry location: Second Floor Entry
  • Pool features: Association
  • Exterior features: None,Balcony,Other
  • Spa features: Community
  • Has view: Yes
  • View description: Garden

Parking

  • Total spaces: 1
  • Parking features: 1 Space,Assigned
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $917$11,004
Home Insurance *$156$1,872
Property Taxes $357$4,284
Electricity $197$2,366
Total$1,627$19,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,782/yr
40% on housing$48,810/yr
45% on housing$43,386/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 33071$236
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33071$307
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-07Listed for sale$182,000
2025-09-30Sold$140,000
2025-09-10Pending sale$145,000
2025-09-04Price change$145,000
2025-08-12Price change$160,000
2025-08-04Listed for sale$190,000
2000-04-13Sold$50,000
1983-05-01Sold$32,786

For Sale by Agent

AgentMaria Veronica Cedeno Montero, Luxe Properties
BrokerageLuxe Properties

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