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3019 SW 68th Ter, Miramar FL 33023

Multi-family Recently Sold
$1,030,000

BTC: 10.87002406

ETH: 298.13074915

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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