Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Multi Family
- Built: 1955
- HOA: No info
- MLS Number: A11662862
- View No info
- On Site: 92 days
- Updated: 4 Days Ago
- Page Views: 1
We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
09/20/2024 | Listed | $3,200,000.00 | $559.64 ft2/$6,023.88 m2 |
Features
Property Details for 5807 SW 25th St, West Park, FL 33023
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
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- Interior, Heating and Cooling
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- Appliances: No info
- Heating Description: Window Unit, Wall Furnace
- Cooling Description: No info
- Building and Construction
- Floor Description: Other, Tile
- Windows/Treatment: No info
- Construction Type: Apartment
- Year Built: 1955
- Waterfront and Water Access
- Waterfront Property: No info
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- Waterfront Description: No info
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- Water Description: No info
- School Information
- Elementary School: No info
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- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Multi Family
- Property Subtype: Commercial Sale
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 09/20/2024
- Area: 3090
- Brokered By: Fausto Commercial Realty Consultants Inc
- Legal Description: WEST HOLLYWOOD HILLS 6-25 B LOTS 23 TO 26 BLK 16
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- 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): $32,617.00 (2023)
- Type of building: No info
- Occupancy Information: Call Agent
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: Common
- Parking Spaces: No info
- Number of Units: No info
- Number of Floors: No info
- Number of Stories: No info
- Zoning Information: T O C
- Total Acreage: No info
- Acreage Description: No info