We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
Property Details
Price:
$2,990,000
MLS #:
A11662862
Status:
Active
Beds:
0
Baths:
0
Address:
5807 SW 25th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
West Park
Listed Date:
Sep 19, 2024
State:
FL
Finished Sq Ft:
5,718
Total Sq Ft:
5,718
ZIP:
33023
Year Built:
1955
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Other, Tile
Heating
Wall/ Window Units
Exterior
Parking Features
Shared Parking
Roof
Built- Up
Financial
Tax Year
2023
Taxes
$32,617
Map
Community
- Address5807 SW 25th St West Park FL
- CityWest Park
- CountyBroward County
- Zip Code33023
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5807 SW 25th St
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