Greenacres Investment Properties & Multifamily for Sale

The best Greenacres investment decision starts before you buy.

Live BeachesMLS listings matching this search in Greenacres, Florida, updated throughout the day.

Income property in Greenacres is mostly small: duplexes and groups of rental cottages on the old plat around Fleming Avenue and Broward Avenue, and portfolios of rental houses sold together. Most investors here buy single houses and townhomes to lease by the year instead, because families rent in the gated communities and stay when the home is kept up. Check each association's leasing rules, which may bar leasing in the first year of ownership, before you plan on rental income. Get Your Investment Property Analysis: we price the rent from Greenacres leases that closed in the same community and the resale from matched sales.

3 listings, newest first.

The 3 listings on this page run from $550,000 to $2,245,000, with a median of $1,520,000, about $286 per square foot, and they have been listed a median of 23 days.

What Investors Buy in Greenacres

Investors in Greenacres mostly buy houses and townhomes to rent by the year: three and four bedroom houses in River Bridge, Olive Tree and Verona Estates, and townhomes in Joggers Run, Pine Lake and Pinewood Lake. A smaller group buys duplexes and rental cottages on the old plat around Fleming Avenue, or portfolios of rental houses sold together, and builders look at the larger parcels along Jog Road and on Dillman Road and De Soto Road. Each Greenacres strategy depends on different numbers, from the rent in the same community to what the zoning allows on a lot.

Reading the Numbers in Greenacres

Reading the numbers on a Greenacres rental starts with the closed leases in the same community, because asking rents often run ahead of what tenants sign. Add the association fee and any rule that delays the first lease, the insurance for a house of that age and roof, the property tax at the new purchase price and a reserve for the roof and the air conditioning. For a duplex or a portfolio, ask for the leases and deposits and confirm that every unit is permitted. A manufactured home's monthly lot or association charge comes off the rent before anything else.

The Numbers on These Listings

Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer.

Property	Price	Units	Per unit	Income	Cap rate	Taxes	HOA	Days on market
414 PINE GLEN C-2	$1,520,000	10	$152,000	—	—	$20,601	—	5 days
149 Broward Avenue	$550,000	2	$275,000	—	—	$6,558	—	23 days
437 FLEMING Avenue	$2,245,000	2	$1,122,500	$105,000 net	4.7%	$14,506	—	88 days

Get Greenacres Investment Listings the Day They Reach the Market

BreakThru Realty sends new income property matching this search as it comes on the market, and will underwrite any listing with you: the rents in place, the taxes as they reset on sale, insurance quoted today, and what comparable buildings actually traded for.

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A value range built from comparable Greenacres sales, with the reasoning
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