Contact
Tell us about your needs

8041 Southgate Blvd, North Lauderdale FL 33068

Commercial For Sale
$999,995

BTC: 14.50150816

ETH: 394.77278739

163 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

**6.75% CAP RATE** Introducing a 4 Unit (previously listed as 8- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75% Monthly COA fee at Royale Gardens is just $355 and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented.SELLER CAN SPLIT UP THE 4 UNITS TO ACCOMODATE BUYERS BUDGET. ALSO HAVE A 5TH UNIT AVAILABLE AND LISTED-INQUIRE TODAY

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1988
Lot:
25000 Square Feet
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
No Data
HOA:
$355
All facts and features
  • Flooring

    • Tile

    Heating

    • Central Electric

  • Lot

    • Lot: 25000 Square Feet

    Other Property Information

    • Parcel Number: 484134AK0130

    • Zoning: RM-10

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • HOA: $355

    • HOA Frequency: Monthly

    • Annual tax amount: $3,473

  • Source details

    • MLS ID: A11590788

    Other facts

    • Construction Materials: CBS Construction

Similar Homes

1840 NW 93rd Ter, Coral Springs FL 33071 placeholder 1840 NW 93rd Ter, Coral Springs FL 33071
New
For Sale
House
$1,200,000
5 bds 4 ba 3,594 sqft
1840 NW 93rd Ter, Coral Springs FL 33071
9239 14th Ct, Coral Springs, FL 33071 placeholder 9239 14th Ct, Coral Springs, FL 33071
1 days
For Sale
House
$764,900
5 bds 4 ba 3,582 sqft
9239 14th Ct, Coral Springs, FL 33071
8348 7th St, Coral Springs, FL 33071 placeholder 8348 7th St, Coral Springs, FL 33071
3 days
For Sale
House
$750,000
4 bds 2 ba 2,171 sqft
8348 7th St, Coral Springs, FL 33071
5903 Breadfruit Cir, Tamarac, FL 33319 placeholder 5903 Breadfruit Cir, Tamarac, FL 33319
4 days
For Sale
House
$795,000
3 bds 2 ba 2,678 sqft
5903 Breadfruit Cir, Tamarac, FL 33319
1500 108th Way, Coral Springs, FL 33071 placeholder 1500 108th Way, Coral Springs, FL 33071
6 days
For Sale
House
$725,000
4 bds 2 ba 2,237 sqft
1500 108th Way, Coral Springs, FL 33071
8172 NW 78th St, Tamarac FL 33321 placeholder 8172 NW 78th St, Tamarac FL 33321
7 days
For Sale
House
$1,190,000
5 bds 4 ba 2,860 sqft
8172 NW 78th St, Tamarac FL 33321
7821 85th Ave, Tamarac, FL 33321 placeholder 7821 85th Ave, Tamarac, FL 33321
7 days
For Sale
House
$869,900
3 bds 2 ba 2,920 sqft
7821 85th Ave, Tamarac, FL 33321
133 NW 93rd Ter, Coral Springs FL 33071 placeholder 133 NW 93rd Ter, Coral Springs FL 33071
12 days
For Sale
House
$949,000
5 bds 2 ba 2,831 sqft
133 NW 93rd Ter, Coral Springs FL 33071

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Cutting Edge Investments & Realty Inc