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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,041 sqft
Price per Sqft $297
MLS Listing ID A11387843
Sold Date 09/28/23
Construction Status Resale
HOA Y/N No
Year Built 1971
Annual Tax Amount $18,615
Tax Year 2022
Contingent Pending Inspections
Lot Size 0.496 Acres
Property Sub-Type Multi Family
Property Description
FULLY RENOVATED 8-UNIT MULTI-FAMILY in a quiet Plantation neighborhood in front Fort Lauderdale Golf Course.
This property has undergone significant renovations in 2022-2023 totaling more than $230,000, making it an ideal investment opportunity. Brand new facade, fences, electrical and plumbing systems, central AC, and much more.
Each unit boasts modern finishes, and the unit mix includes three 1-Bed/1-Bath, four 2-Bed/1-Bath, and one studio.
Gross Income: $153 000, Cap Rate 5.5%, Pro forma income: $184 000, Pro format Cap Rate 6.37%.
Great pool, new Impact doors and Window just installed , new interiors (80%).
OFFERING MEMORANDUM AVAILABLE ON REQUEST.
Location
State FL
County Broward County
Area 3690
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Private Pool Yes
Building
Sewer Septic Tank
Water Public
Structure Type Block
Construction Status Resale
Others
HOA Name Florida Invest
Tax ID 504112030400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Golani Realty Inc
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Stanislav Tyufyagin
Broker Associate | License ID: 3282976
Broker Associate License ID: 3282976