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3019 SW 68th Ter, Miramar FL 33023

Multi-family Recently Sold
$1,030,000

BTC: 11.17124422

ETH: 304.10662037

Sold on: 2021-06-01
140 days
0 room(s)
6,864 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Huge Price Reduction! TURN KEY READY - 7Plex with secure neighborhood. Great Opportunity for Investors. Amazing gross return nearly 8%. Easy access to highways, FL turnpike, schools, Publix, restaurants, and shopping plazas, etc. 0-1% vacancy rate in past few years. New water heaters are replaced in 4 of the units. Unit 1: Remodeled with New kitchen, Granite counter top, new water heater, freshly painted. Unit 1,2,6: Freshly painted remodeled with new baseboards. Unit 3: updated AV with new Freon. Unit 2: New Booster & Coil. Unit 7: New Stairs. Extra layer of protective coating on Roof. 4 units are 1b/1b. 2 units are 2b/1b. 1 unit is 4b/3b. Annual Rent Income (2020): $172,426.69. Annual Expense (2020): $40813.74 + $42197.64 (renovation) = $83011.38. Excellent lifetime investment.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1979
Lot:
No Data
Heating:
Central / Window/Wall / Zoned
Price/sqft:
$192
Cooling:
Ceiling Fan(s) / Zoned
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Window/Wall

    • Zoned

    Cooling

    • Ceiling Fan(s)

    • Zoned

    Other interior features

    • Stairs

  • Property

    • Exterior Features: Balcony / Fruit Trees / Exterior Lights / Open Balcony

    Other Property Information

    • Parcel Number: 514126030720

    • Zoning: COMMERCIAL

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Green energy

    • Appliances

    • Construction

    • Doors

    • HVAC

    • Lighting

    • Roof

    • Ventilation

    • Water Heater

    • Windows

  • Other financial information

    • Annual tax amount: $15,861

  • Source details

    • MLS ID: A10963042

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony / Open Porch / Patio

    • Window Features: Blinds / Drapes

    • Architectural Style: Attached

    • Living Area: 6864

    • Water Source: Municipal Water

    • Subdivision Name: MIRAMAR SEC 3,GENERAL INFORMATION

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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: Real