8061 Southgate Boulevard
North Lauderdale, FL 33068
- – beds
- – baths
- 1,010 sqft
- $983 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.
Last checked:
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Last updated Dec 17, 2024
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MLS# A11664393 —
The Building
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Year Built:1988
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Year Built Details:Effective Year Built
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Construction Materials:Block
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Architectural Style:Fourplex
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Stories:2
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Levels:Two
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Roof:Shingle
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Building Area Total:1010.0
Interior
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Flooring:Tile
Room Dimensions
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Living Area:1010.0
The Property
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Parcel Number:484134 Ba0031
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:RM-10
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Lot Features:QuarterToHalfAcreLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (954) 547-1962
- Office phone:
- (954) 547-1962
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,473
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Tax Legal Description:ROYALE GARDENS CONDO PER CDO BK/PG: 9974/397
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableNotAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Royale Gardens Condo
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Pool Features:None
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Association Fee:$390
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Association Fee Frequency:Monthly
Parking
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Parking Total:4.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/12/24
Dec 12, 2024
|
Price Changed | MLSM | $992,990 | -0.2% |
|
11/21/24
Nov 21, 2024
|
Listed / Active | MLSM | $994,990 |
