Price Reduced 39.40%

$757,500 ($750.00 per sqft)

Pending

Est. Mortgage $3,682/mo *

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Price History

$1,250,000
9/23/2024

$999,990
11/6/2024

$1,250,000
11/7/2024

$999,990
11/8/2024

$994,990
11/21/2024

$999,990
11/22/2024

$994,990
11/23/2024

$992,990
12/12/2024

$991,990
1/23/2025

$757,500
2/24/2025

8061 Southgate Boulevard, North Lauderdale, FL, 33068

8061 Southgate Boulevard, North Lauderdale, FL, 33068
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1988

1,010 sqft

**6.75% CAP RATE** Introducing a 3 Unit (previously listed as 4- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. Units are rented between 2350-2400 per month! Monthly COA fee at Royale Gardens is just $390 (per unit) 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 3 UNITS TO ACCOMODATE BUYERS BUDGET. One Unit is rented for $2400, 2 are rented for $2350

Status:

Pending

Type:

Multi-family

Zoning:

RM-10

Subdivision:

ROYALE GARDENS CONDO

Heating:

Central

Cooling:

Central Air

Parking:

3-car

Common Charge:

$390 Monthly

Est. Taxes:

$3,473

HOA Fee

$390

Construction

Block

Utilities

Cable Not Available

Lot Description:

1/4 to 1/2 Acre Lot

Days on Market:

183

Pool:

None

MLS #:

A11664393

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Cutting Edge Investments & Realty Inc Phone: 954-547-1962