North Lauderdale FL Commercial for Sale
- Type:
- Condo
- Sq.Ft.:
- 15,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.57 Acres
- Year built:
- 1988
- Baths:
- MLS#:
- A11590788
ADDITIONAL INFORMATION
**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
- Type:
- Multi-Family
- Sq.Ft.:
- 7,388
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.38 Acres
- Year built:
- 1981
- Baths:
- MLS#:
- A11556540
ADDITIONAL INFORMATION
Amazing opportunity to own an income producing property. The addresses are 7490 and 7480 SW 10TH CT. Two buildings with 8 units, 4 4 bedrooms and 2 Bathrooms and 4 3 bedrooms 2 bathrooms, generating an stady income and a 7% cap rate. All renewed units, new roof, new electrical. Please call us for more info.
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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North Lauderdale Real Estate
The median home value in North Lauderdale, FL is $361,000. This is lower than the county median home value of $394,500. The national median home value is $338,100. The average price of homes sold in North Lauderdale, FL is $361,000. Approximately 51.54% of North Lauderdale homes are owned, compared to 42.78% rented, while 5.69% are vacant. North Lauderdale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Lauderdale real estate agent to arrange a tour today!
North Lauderdale, Florida has a population of 44,579. North Lauderdale is less family-centric than the surrounding county with 20.35% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in North Lauderdale, Florida is $49,426. The median household income for the surrounding county is $64,522 compared to the national median of $69,021. The median age of people living in North Lauderdale is 35.3 years.
North Lauderdale Weather
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 57.4 degrees. The average rainfall is approximately 61.7 inches per year, with 0 inches of snow per year.