NOT LISTED FOR SALE
2 Beds
-- Baths
3,730 Sq Ft
1973 Built

Sale Details

Date Sold: November 18, 2022

Last sale price $748,000 $201 Per Sq Ft

45 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Air Conditioning

About This Home

As of November 2022

BEAUTIFUL UPDATED FOURPLEX in a good neighborhood in Margate! 2 bedroom 1 bath each unit. Property has central ac throughout, Separate electric meters so tenants pay their own electricity. Owner pays water about $230 monthly and trash $160. New roof 3 years ago, Ac is less then 2 years old, water heater is less then 5 years old wow! New Granite Counter tops and baseboard. New Sprinkler system being installed & a Coin Laundry in the back allows owner to make even more money! Rents are currently below market value but can be increased. Market rent for a 2/1 is currently at $1,800! Potential income is around $87,000 Plus Potential Cap Rate Of 9%+/-.All tenants on month to month lease! Take advantage of this great investment opportunity! This is a perfect find for owner Occupant or Investor!

Last Buyer's Agent

Durani Thakoordyal

EXP Realty LLC License #3475349

EXP Realty LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,543

Year Built

  • Built in 1973

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Tile Roof
  • Flat Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,730 Sq Ft Home
  • 1-Story Property

Utilities

  • Air Conditioning
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Kimberly Forest Condos
  • Kimberly Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494101091820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,543

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Quadruplex
  • Directions: FROM SR 7 WEST ON SOUTHGATE BLVD AND SOUTH ON KATHY LN. PROPERTY ON YOUR RIGHT
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Fourplex
  • Subdivision Name: KIMBERLY FOREST
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 748000
  • ShowingTimeFlag: No
  • UnitTypeDescription: Family Room,Kitchen
  • UnitTypeDescription: Family Room,Kitchen
  • MIAMIRE_EfficiencyYN: No
  • UnitTypeDescription: Family Room,Kitchen
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_Equipment: Air Conditioning Unit
  • UnitTypeDescription: Family Room,Kitchen
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_Equipment: Air Conditioning Unit
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_EfficiencyYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 3730
  • Stories: 1
  • UnitTypeFurnished: Unfurnished
  • UnitTypeFurnished: Unfurnished
  • UnitTypeFurnished: Unfurnished
  • UnitTypeFurnished: Unfurnished
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Other Roof/Roof Structure, Tile, Flat Tile, Flat Roof With Facade Front, Other, Tile Roof
  • Construction Type: Pre-Cast Concrete Construction, Precast Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: KIMBERLY FOREST
  • MIAMIRE_Parking: Other Parking
  • MIAMIRE_Parking: Other Parking
  • MIAMIRE_Parking: Other Parking
  • MIAMIRE_Parking: Other Parking

Utilities

  • Sewer: Public Sewer, Public Sanitation, Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Connected, Cable Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494101091820
  • Zoning: RES

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12543

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

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
11/18/2022 11/18/22 Sold $748,000 -6.5% $201 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $800,000 -- $214 / Sq Ft
Source: MIAMI REALTORS® MLS

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10347321

MIAMI REALTORS® MLS
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