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$992,990
90 Days On Site

8061 Southgate Boulevard
North Lauderdale, FL 33068

For Sale|Quadruplex|Active
0
Beds
0
Full Baths
0
Partial Baths
1,010
SqFt
$983
/SqFt
1988
Built
Subdivision:
ROYALE GARDENS CONDO
County:
Broward

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8061 Southgate Boulevard8061 Southgate Boulevard8061 Southgate Boulevard8061 Southgate Boulevard
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**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.

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Listing Snapshot
Price 
$992,990
Days On Site 
90 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,010 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1988
MLS® Number 
A11664393
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®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Home Warranty 
Yes
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
1010
Stories 
Two
Style 
Fourplex
Utilities 
Cable Not Available
Zoning 
RM-10
Interior Features
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
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Exterior Features
Construction Details 
Block
Pool Features 
None
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

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Neighborhood & Commute
Source: Walkscore
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