Basic Information
- MLS # A11590788
- Type Condominium
- Status Closed
- Year Built 1988
- Total Size 25,000 Sq.Ft / 0.57 Acre
- Date Listed 05/20/2024
- Days on Market 346
**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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description
- Style Condominium
Interior Features
- Adjusted Sqft 0.57 AcreSq.Ft
- Floor Description Tile
- Heating Description Central, Electric
- Sqft 0.57 Acre Sq.Ft
Property Features
- Address 8041 Southgate Blvd
- Aprox. Lot Size 25,000
- Association Fee Frequency Monthly
- Construction Materials Block
- Furnished Info no
- Listing Terms Cash, Conventional
- Subdivision Complex
- Subdivision Info
- Tax Amount $3,473
- Tax Legal desc ROYALE GARDENS CONDO BLDG H PER CDO
- Tax Year 2024
- Terms Considered Cash, Conventional
- Type of Property Condominium
8041 Southgate Blvd
North Lauderdale, FL 33068Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Cutting Edge Investments & Realty Inc. tel: 954-547-1962
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