1 of 47

Want to see this property?

8061 Southgate Boulevard

North Lauderdale, FL 33068

– beds
– baths
1,010 sqft
$750 per sqft
1988 build
– on site

**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. One Unit is rented for $2400, 2 are rented for $2350

Listing courtesy of MLSM / Cutting Edge Investments & Realty Inc

Last checked: Checking… • Last updated Feb 24, 2025 •

MLS# A11664393 —

The Building

Year Built:

1988
Year Built Details:

Effective Year Built
Construction Materials:

Block
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:

Triplex
Property Subtype Additional:

Triplex
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:

$390
Association Fee Frequency:

Monthly

Parking

Parking Total:

3.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/24/25 Feb 24, 2025	Price Changed	MLSM	$757,500	-23.6%
1/23/25 Jan 23, 2025	Price Changed	MLSM	$991,990	-0.1%
12/12/24 Dec 12, 2024	Price Changed	MLSM	$992,990	-0.2%

Multifamily For Sale

$757,500

HOA

$390/mo.

Price drop −$234,490

Listing provided by broker:

Mitchell Lvovsky

Cutting Edge Investments & Realty Inc

Want a closer look?

Go see 8061 Southgate Boulevard

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in North Lauderdale, FL

Similar sold homes

This multifamily located in North Lauderdale Village, North Lauderdale, FL 33068 is currently for sale for $757,500. 8061 Southgate Boulevard is a 1,010 square foot multifamily with – beds and – baths that has been on Estately for 97 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 2025. 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.