Sold

8061 Southgate Boulevard, North Lauderdale, FL 33068

Sqft
1,010

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCutting Edge Investments & Realty Inc
  • 0
  • 0

Overview

**6.75% CAP RATE** Introducing a 3 Unit (previously listed as 4- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. Units are rented between 2350-2400 per month! Monthly COA fee at Royale Gardens is just $390 (per unit) 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 3 UNITS TO ACCOMODATE BUYERS BUDGET.
One Unit is rented for $2400, 2 are rented for $2350

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
1,010
Year built
1988

Utilities

Heating
Central
Cooling
Central air
Sewer
Public sewer

Estimated monthly costs

HOA Fees
$390

Taxes

Tax Annual Amount (2023)
$3,473

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MIAMI REALTORS MLS MLS®#: A11664393 Last checked:

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.