4086 N Pine Island Rd APT 510, Fort Lauderdale, FL, 33351
About This Home
Prime Investment Opportunity - Waterfront 2BR/2BA Ground Floor Unit - Great opportunity for investors seeking a turnkey, income-generating property. Property rented $2100 with a tenant willing to stay if a Buyer-investor is interested in extending the lease term. This spacious 2-bedroom, 2-bathroom apartment is perfectly situated on the first floor, offering serene canal views. The unit is thoughtfully designed for tenant comfort and long-term value, featuring a modern layout with walk-in closets in both bedrooms and the ultimate convenience of an in-unit washer and dryer. Investment Highlights: Immediate ROI: Currently rented, providing passive income from day one. Premium Features: Ground floor convenience combined with desirable waterfront views. Condo amenities: community pool, play ground area - Ample guests parking. No rental restrictions. Whether you are looking for a reliable buy-and-hold or a strategic addition to your portfolio, this waterfront gem is a must-see. Serious inquiries only.".
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Construction materials: CBS Construction
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Electric Range,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Walk-In Closet(s)
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Other
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 900
- Total interior livable area: 900 sqft
Property
Details
- Parcel number: 494121CF0460
- Attached to another structure: Yes
Features
- Entry location: First Floor Entry
- Patio & porch: Screened Porch
- Exterior features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Parking
- Total spaces: 2
- Parking features: Detached Carport,1 Space,Assigned,Guest,No Rv/Boats,No Trucks/Trailers
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 2
- Carport: Yes
- Carport 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
- Lightning
- Cold Wave
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,132 | $13,584 |
| Home Insurance * | $212 | $2,544 |
| Property Taxes | $407 | $4,884 |
| Electricity | $197 | $2,366 |
| Total | $1,948 | $23,376 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-05 | Price change | $224,000 |
| 2026-01-14 | Listed for sale | $225,000 |
| 2023-06-22 | Listing removed | -- |
| 2023-06-13 | Listed for rent | $2,000 |
| 2023-03-02 | Sold | $248,000 |
| 2023-02-13 | Contingent | $255,000 |
| 2023-02-03 | Listed for sale | $255,000 |
| 2021-04-21 | Sold | $156,000 |
| 2019-04-02 | Sold | $132,500 |
| 2015-06-30 | Sold | $118,000 |
| 2015-02-25 | Sold | $98,000 |
| 2014-12-03 | Price change | $104,900 |
| 2014-10-15 | Listed for sale | $114,900 |
| 2014-07-10 | Sold | $67,900 |
| 2008-07-28 | Sold | $179,000 |
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