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$7,499,000
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 $515
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
Zoning RC-15
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
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Monica Brisson
Broker Associate | License ID: 0645316
Broker Associate License ID: 0645316