NOT LISTED FOR SALE
-- Beds
-- Baths
2,859 Sq Ft
1987 Built

Sale Details

Date Sold: May 30, 2019

Last sale price $350,000 $122 Per Sq Ft

40 Days on Market

About This Home

As of May 2019

Amazing investment property located in a opportunity zone and close to the beach, hwys, & shopping centers. This four-plex features a studio apt., 1/1, 2/1 and a 3/1 rental units. Currently operating at a 6.2% cap rate. Great opportunity to increase the rental amounts to market value and increase your cap rate for a higher investment. Legal four-plex with 4 separate electrical meters. The BEST priced four-plex in Broward County with no violations or liens. Please do not disturb the tenants. Due diligence period will start upon execution of contract. Fully occupied. Call today for details. Amazing investment property located in a opportunity zone and close to the beach, hwys, & shopping centers. This four-plex features a studio apt., 1/1, 2/1 and a 3/1 rental units. Currently operating at a 6.2% cap rate. Great opportunity to increase the rental amounts to market value and increase your cap rate for a higher investment. Legal four-plex with 4 separate electrical meters. The BEST priced four-plex in Broward County with no violations or liens. Please do not disturb the tenants. Due diligence period will start upon execution of contract. Fully occupied. Call today for details.

Last Agent to Sell the Property

Christopher Hall

Compass Florida, LLC License #3252531 Listed on: 03/28/2019

Last Buyer's Agent

Ana Binetti

Truenest Property Management License #3407116

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Property Details

Home Type

Multi-Family

Year Built

1987

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From I-95 Take exit 36 for FL-814/Atlantic Blvd heading east. Turn left onto NW 6th Ave. Turn right onto NW 3rd St/Dr Martin Luther King Blvd/Hammondville Rd. Turn left onto NW 3rd Ave. Turn right onto NW 12th St. Destination will be on the right.
  • Year Built: 1987
  • New Construction: No
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Terrazzo, Tile
  • Stories: 1

Exterior Features

  • Lot Features: Sprinkler System
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 484235320400
  • Mobile Dim Units: Feet
  • Zoning: 08 / MULTI-FAMILY

Multi Family

  • Property Net Operating Income: 21823.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 31920.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4717.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $350,000 0.0% $122 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $350,000 -- $122 / Sq Ft
Source: MIAMI REALTORS® MLS

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10646811

MIAMI REALTORS® MLS
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