Save
Ask
Tour
Hide
Share
$992,990
216 Days On Site

8041 Southgate Blvd
North Lauderdale, FL 33068

For Sale|Condominium|Active
0
Beds
0
Full Baths
0
Partial Baths
15,000
SqFt
$66
/SqFt
1988
Built
County:
Broward

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: +1 (786) 771 7496
Is this the home for you? We can help make it yours.
+1 (786) 771 7496
8041 Southgate Blvd8041 Southgate Blvd8041 Southgate Blvd8041 Southgate Blvd
Save
Ask
Tour
Hide
Share

**6.75% CAP RATE** Introducing a 4 Unit (previously listed as 8- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. 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 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 4 UNITS TO ACCOMODATE BUYERS BUDGET. ALSO HAVE A 5TH UNIT AVAILABLE AND LISTED-INQUIRE TODAY

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$992,990
Days On Site 
216 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
25,000 Acres
Year Built 
1988
MLS® Number 
A11590788
Status 
Active
Property Tax 
$3,473
HOA/Condo/Coop Fees 
$390 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $992,990
a week agoListing updated with changes from the MLS®
5 months agoStatus changed to Active
7 months agoListing first seen on site
General Features
Home Warranty 
Yes
Number Of Stories 
2
Parking Spaces 
8
Property Sub Type 
Condominium
SqFt Total 
15000
Stories 
Two
Zoning 
RM-10
Interior Features
Flooring 
Tile
Heating 
CentralElectric
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Block
Roof 
Shingle
Community Features
Association Dues 
390
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
3642
Listing courtesy of Cutting Edge Investments & Realty Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share