8041 Southgate Blvd North Lauderdale FL 33068 MLS #A11590788

8041 Southgate Blvd
North Lauderdale, FL, 33068
$999,995
Beds
0 Baths
15,000 SqFt
0 Acres
Add
**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

Property Details

Price:
$999,995
MLS #:
A11590788
Status:
Active
Beds:
0
Baths:
0
Address:
8041 Southgate Blvd
Type:
Commercial
Subtype:
Income/MultiFamily
City:
North Lauderdale
Listed Date:
May 20, 2024
State:
FL
Finished Sq Ft:
15,000
Total Sq Ft:
15,000
ZIP:
33068
Year Built:
1988
Ask a Question

See this Listing

Send
  

CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

More About CENTURY

Mortgage Calculator

 

Schools

Interior

Flooring
Tile
Heating
Central Electric

Exterior

Construction Materials
C B S Construction
Parking Spots
8
Roof
Shingle

Financial

HOA Fee
$355
HOA Frequency
Monthly
Tax Year
2023
Taxes
$3,473

Map

Community

Similar Listings Nearby

disclosure
Courtesy of Cutting Edge Investments & Realty Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
Rover IDX
8041 Southgate Blvd
North Lauderdale, FL