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$7,900,000
Est. payment /mo
14,550 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,550 sqft
Price per Sqft $542
MLS Listing ID A12069360
HOA Y/N No
Annual Tax Amount $45,000
Lot Size 0.308 Acres
Property Sub-Type Multi Family
Property Description
6% Cap Rate. Rare income-producing opportunity in Coral Ridge. Three luxury 4BR + den townhomes - each with a private pool, 1200 SF rooftop terrace, and Thermador kitchen - offered together as a single turn-key multifamily investment immediately adjacent to the Coral Ridge Country Club. Combined under-air and rooftop area totals 14,650 SF. Previously sold individually, the units now generate $552,000 in combined gross income and $473,500 in Net Operating Income. Offered at $7,900,000 - an ideal opportunity for investors seeking a stabilized, cash-flowing asset in one of Fort Lauderdale's most established addresses.
Location
State FL
County Broward
Area 3260
Direction Please use GPS
Interior
Flooring Ceramic Tile
Exterior
Private Pool Yes
Building
Structure Type Block
Others
Tax ID 494236010320
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12069360
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Listed by One Way Realty Group, LLC
NEARBY SCHOOL & BUSINESS
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