REDUCED
- MLS® #: A11543673
- 7941 Southgate Boulevard
- North Lauderdale, FL 33068-1141
- $2,250,000
- 1,010 SqFt
- Income
**6.5% CAP RATE** Introducing a 9 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. 8 OF THE 9 UNITS HAVE AN EXTRA 3RD ROOM AND ARE RENTED AS 3/2's. One of them (vacant for showings) is 2/2. NOI- $155,376 per year, Gross Rent Roll- $247,560/Y, ROI- 6.5% 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 (annual leases only!). One Unit is vacant and available for showings. The other 8 are all rented. Excellent opportunity for the savvy investor
View Virtual TourEssential Information
- MLS® #A11543673
- Price$2,250,000
- CAD Dollar$3,063,488
- UK Pound£1,770,957
- Euro€2,068,088
- HOA Fees355
- Bathrooms0.00
- Square Footage1,010
- Year Built1984
- TypeIncome
- Sub-TypeQuadruplex
- StyleFourplex
- StatusActive
Community Information
- Address7941 Southgate Boulevard
- Area3642
- SubdivisionROYALE GARDENS CONDO
- CityNorth Lauderdale
- CountyBroward
- StateFL
- Zip Code33068-1141
Amenities
- UtilitiesCable Not Available
Interior
- InteriorTile
- HeatingCentral
- CoolingCentral Air
- # of Stories2
- StoriesTwo
Exterior
- RoofShingle
- ConstructionBlock
- Office: Cutting Edge Investments & Realty Inc
Property Location
7941 Southgate Boulevard on www.jupiteroceanfrontcondos.us
Offered at the current list price of $2,250,000, this home for sale at 7941 Southgate Boulevard features 0 bedrooms and 0 bathrooms. This real estate listing is located in ROYALE GARDENS CONDO of North Lauderdale, FL 33068-1141 and is approximately 1,010 square feet. 7941 Southgate Boulevard is listed under the MLS ID of A11543673 and has been on the North Lauderdale real estate market for 70 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of May 18th, 2024 at 5:01pm CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of RAMB.
The information being provided is 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