FL > North Lauderdale > Royale Gardens Condo
North Lauderdale, FL 33068,8061 Southgate Boulevard
See all 47 photos
North Lauderdale, FL 33068,8061 Southgate Boulevard
North Lauderdale, FL 33068,8061 Southgate Boulevard
North Lauderdale, FL 33068,8061 Southgate Boulevard
North Lauderdale, FL 33068,8061 Southgate Boulevard
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Daniel Gellibert

Daniel Gellibert

+1(954) 833-7797
$ 999,990
Est. payment /mo
Save Virtual Tour
Price Dropped by $250K

8061 Southgate Boulevard North Lauderdale, FL 33068

1,010 SqFt

UPDATED:

11/06/2024 09:33 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,010 sqft

Price per Sqft $990

Subdivision Royale Gardens Condo

MLS Listing ID A11664393

Style Fourplex

Construction Status Effective Year Built

HOA Fees $355/mo

HOA Y/N Yes

Year Built 1988

Annual Tax Amount $3,473

Tax Year 2023

Property Description

**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 bedroom (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 5 UNITS TO ACCOM BUYERS BUDGET AS EACH CONDO HAS IT'S OWN FOLIO.

Location

State FL

County Broward

Community Royale Gardens Condo

Area 3642

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Not Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 484134BA0031

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Listing, Listed As-Is

Listed by Cutting Edge Investments & Realty Inc

Daniel Gellibert

Broker Associate | License ID: BK3478210

+1(954) 833-7797

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

8061 Southgate Boulevard