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MLS # :A11566588 |
Price :$1,500,000 |
Status :
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Listing Date :Apr 09, 2024 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1956 |
Taxes :$12,467 Per Year |
Waterfront :No |
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Remarks :14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS) Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1,300 month = $218,400 YEAR / 2 one bedrooms $1,500 month = $36,000 YEAR. Minus expenses: $35,000 YEAR. Total NOI: $219,400 YEAR. Equal 11.2% Cap. Rate. |
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Call: 305-998-9922
Sunny Realty
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