Price Reduced 50.50%

$999,995

Est. Mortgage $5,122/mo *

Quick Pre-Approval

Virtual Tour Brochure

Call Text Schedule Tour Request More Information

Price History

$2,020,000
5/20/2024

$999,995
8/5/2024

8041 Southgate Blvd, North Lauderdale, FL, 33068

8041 Southgate Blvd, North Lauderdale, FL, 33068
View larger map Directions

1988

**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

Status:

Active

Type:

Commercial

Zoning:

RM-10

Heating:

Central, Electric

Parking:

8-car

Common Charge:

$355 Monthly

Est. Taxes:

$3,473

HOA Fee

$355

Construction

Block

Days on Market:

169

Lease Term Type:

12 Months

MLS #:

A11590788

Community Info

School Info

Walk Score

Yelp

Similar Properties

$995,000

1720 Harrison St, #17E-H, Hollywood, FL, 33020

$995,000

7801 Johnson St, Pembroke Pines, FL, 33024

$999,000

Hollywood, FL, 33020

Price Reduced!

$990,000

Dania Beach, Dania Beach, FL, 33004

$950,000

525 N State Rd 7, Margate, FL, 33063

$999,000

2715 E Atlantic Boulevard, Pompano Beach, FL, 33062

$950,000

1910 NE 56th St, Fort Lauderdale, FL, 33308

$1,099,000

1,209 sqft

3701 N Andrews Avenue, Oakland Park, FL, 33309

$950,000

1,124 sqft

4420 NE 1st TERRACE, Oakland Park, FL, 33334

$925,000

528 S Dixie Hwy E, Pompano Beach, FL, 33060

Price Reduced!

$950,000

4426 NE 8th Avenue, Oakland Park, FL, 33334

$950,000

525 N State Road 7, Margate, FL, 33063

$950,000

505 N 28th Ave, Hollywood, FL, 33020

$990,000

Fort Lauderdale, FL, 33304

$1,050,000

5719 Johnson St, #1-5, Hollywood, FL, 33021

Price Reduced!

$950,000

320 SW 4th Ct, Dania Beach, FL, 33004

New or Coming Soon Properties

New Listing!

$900,000

3625 Metzger Road, Fort Pierce, FL, 34947

New Listing!

$990,000

1,240 sqft

5026 Calle Minorga, Siesta Key, FL, 34242

New Listing!

$1,020,000

3130 W 84th St, #9-B, Hialeah, FL, 33018

New Listing!

$900,000

1,062 sqft

236 N Amelia AVENUE, Deland, FL, 32724

New Listing!

$975,000

Coral Springs, FL, 33065

New Listing!

$1,000,000

540 sqft

929 Eyrie DRIVE, Oviedo, FL, 32765

New Listing!

$925,000

900 SE Ocean Boulevard, #150, Stuart, FL, 34994

New Listing!

$950,000

10150 NW 7th Ave, Miami, FL, 33150

New Listing!

$900,000

34 W Oak STREET, Arcadia, FL, 34266

New Listing!

$985,000

11250 E Dr Martin Luther King Jr BOULEVARD, Seffner, FL, 33584

New Listing!

$1,099,000

1,111 sqft

690 6th AVENUE, Vero Beach, FL, 32962

New Listing!

$950,000

5720 W Hallandale Beach Blvd, West Park, FL, 33023

New Listing!

$975,000

4,350 sqft

800-806 W State Road 434, Longwood, FL, 32750

$1,045,800

2,520 sqft

5651 Shirley ST, #2, Naples, FL, 34109

New Listing!

$999,999

5,180 sqft

5114/5116 W Commerce STREET, Tampa, FL, 33616

New Listing!

$999,900

3,400 sqft

1311 Sundial POINT, Winter Springs, FL, 32708


Listing courtesy of Cutting Edge Investments & Realty Inc Phone: 954-547-1962