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8061 Southgate Boulevard

North Lauderdale, FL 33068

– beds
– baths
1,010 sqft
$985 per sqft
1988 build
– on site

**6.75% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd room (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA (community has total of 144 units). 4 units from the SAME seller have a 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! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS. ROOFS REPLACED IN 2022! Association allow immed renting & is investor-friendly. SELLERS CAN SPLIT UP THE 4 UNITS TO ACCOM BUYERS BUDGET One Unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.

Listing courtesy of MLSM / Cutting Edge Investments & Realty Inc

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# A11664393 —

The Building

Year Built:

1988
Year Built Details:

Effective Year Built
Construction Materials:

Block
Architectural Style:

Fourplex
Stories:

2
Levels:

Two
Roof:

Shingle
Building Area Total:

1010.0

Interior

Flooring:

Tile

Room Dimensions

Living Area:

1010.0

The Property

Parcel Number:

484134 Ba0031
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Zoning Description:

RM-10
Lot Features:

QuarterToHalfAcreLot
Lot Size Units:

SquareFeet
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$3,473
Tax Legal Description:

ROYALE GARDENS CONDO PER CDO BK/PG: 9974/397

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Utilities:

CableNotAvailable
Sewer:

PublicSewer

The Community

Subdivision Name:

Royale Gardens Condo
Pool Features:

None
Association Fee:

$355
Association Fee Frequency:

Monthly

Parking

Parking Total:

4.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
11/21/24 Nov 21, 2024	Listed / Active	MLSM	$994,990

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This multifamily located in North Lauderdale Village, North Lauderdale, FL 33068 is currently for sale for $994,990. 8061 Southgate Boulevard is a 1,010 square foot multifamily with – beds and – baths that has been on Estately for 2 days. 8061 Southgate Boulevard is in the North Lauderdale Village neighborhood of North Lauderdale and has a WalkScore® of 30, making it car-dependent. This multifamily is in the attendance area of Coconut Creek High School.

Listing Courtesy of: MLSM and Cutting Edge Investments & Realty Inc.

Based on information from the MLS MIAMI 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.