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- (305) 790-0199
8041 Southgate Blvd
North Lauderdale , FL 33068
MLS#: A11590788
$757,500
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1988
Sq.Footage
N/A
**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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Central, Electric
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Condominium
Price
-
Sales Price
$757,500
-
Tax Amount
3473.0
-
Zoning
RM-10
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
YES
-
Association Fee
$390
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Mitchell Lvovsky , Cutting Edge Investments & Realty Inc
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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