Overview
Closing Costs Calculator- Status: Closed
- Parking No info
- Size: 949 ft2/88.16 m2
- Price Per: $816.65 ft2/$8,790.34 m2
- Type: Multifamily
- Built: 1975
- HOA: $509.00/MO
- MLS Number: A11543690
- View No info
- On Site: 372 days
- Updated: 295 Days Ago
- Page Views: 5
**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! 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!).HAVE 9 OTHERS IN ANOTHER COA
Contact AdvisorDevelopment Amenities
Development Amenities:
- Basketball Court
- Clubhouse / Clubroom
- Elevators
- Fitness Center
- Laundry
- Picnic Area
- Pool
- Shuffleboard
- Tennis Court
- Trash Chute
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 05/21/2024 | Sold | $725,000.00 | 6.5% | $763.96 ft2/$8,223.22 m2 |
| 04/09/2024 | Price Reduced | $775,000.00 | 20.5% | $816.65 ft2/$8,790.34 m2 |
| 03/04/2024 | Listed | $975,000.00 | $1,027.40 ft2/$11,058.82 m2 |
Features
Property Details for 7910 N Colony Cir N, Tamarac, FL 33321
Versailles Gardens, Multifamily current status is Closed, 7910 N Colony Cir N is a Multifamily in , Tamarac, FL 33321 with property MLS ID# A11543690.
This Multifamily has been listed on Best of Luxury Realty since March 04, 2024 and is currently priced at 775,000. This property was built in 1975.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Tile
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1975
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Versailles Gardens
- Subdivision Name: VERSAILLES GARDENS CONDO
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 03/04/2024
- Closing Date: 05/21/2024
- Area: 3830
- Brokered By: Cutting Edge Investments & Realty Inc
- Taxes, Fees & More
- Maintenance/HOA Fees: $509.00/month
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $3,147.00 (2023)
Nearest Schools
Mortgage Calculator
Property Price:
$775,000.00
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Cutting Edge Investments & Realty Inc. This listing has been viewed 5 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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