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8041 Southgate Blvd
North Lauderdale FL 33068 US

$992,990

Active Listing ID A11590788
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Condominium

$992,990

Active Listing ID A11590788
Save

8041 Southgate Blvd **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

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Condominium
  • Features
  • Floor Covering: Tile
  • Roof Type: Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Condominium
  • listprice: 992990
  • unparsedaddress: 8041 Southgate Blvd
  • postalcity: North Lauderdale
  • stateorprovince: FL
  • country: US
  • postalcode: 33068
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Mitchell Lvovsky
  • listagentemail: mlvovsky89@gmail.com
  • listagentkey: 3yd-MAORFL-3256718
  • listagentmlsid: 3256718
  • listagentpreferredphone: 9545471962
  • listagentofficephone: 9545471962
  • listofficekey: 3yd-MAORFL-CUTT01
  • listagentstatelicense: 3256718
  • listofficemlsid: CUTT01
  • disclaimer: Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1988
  • listagenturl: http://www.CuttingEdgeInvestments.com
  • countyorparish: Broward
  • parcelnumber: 484134AK0130
  • constructionmaterials: Block
  • flooring: Tile
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Cutting Edge Investments & Realty, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":390}], "GeocodeOptions":null, "LeadRoutingEmail":"mlvovsky89@gmail.com", "ListBrokerageCity":"Dania", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mlvovsky89@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Cutting Edge Investments & Realty, Inc", "ListBrokeragePhone":"(954) 547-1962", "ListBrokeragePostalCode":"33004", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1221 Stirling Road #114", "ListBrokerageWebsiteUrl":"http://www.CuttingEdgeInvestments.com", "ListOfficeAddress1":"1722 Sheridan Street", "ListOfficeAddress2":"Suite 408", "ListOfficeBrokerMlsId":"3256718", "ListOfficeCity":"Hollywood", "ListOfficeCountry":"US", "ListOfficeEmail":"MLVOVSKY89@GMAIL.COM", "ListOfficePostalCode":"33020", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Condominium - North Lauderdale, FL", "ListingURL":"https://listings.listhub.net/pages/MAORFL/A11590788/?channel=rexren", "MLSModificationTimestamp":"2024-12-16T19:47:19Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3473, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/17/2024 3:33:37 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Mitchell Lvovsky, Cutting Edge Investments & Realty Inc, mlvovsky89@gmail.com

Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.