- MLS® #: A11590788
- 8041 Southgate Blvd
- North Lauderdale, FL 33068-1141
- $999,995
- Business
**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
View Virtual TourEssential Information
- MLS® #A11590788
- Price$999,995
- CAD Dollar$1,407,247
- UK Pound£795,373
- Euro€954,301
- HOA Fees355
- Bathrooms0.00
- Acres0.00
- Year Built1988
- TypeBusiness
- Sub-TypeCondominium
- StatusActive
Community Information
- Address8041 Southgate Blvd
- Area3642
- CityNorth Lauderdale
- CountyBroward
- StateFL
- Zip Code33068-1141
Interior
- InteriorTile
- HeatingCentral, Electric
- # of Stories2
- StoriesTwo
Exterior
- RoofShingle
- ConstructionBlock
- Office: Cutting Edge Investments & Realty Inc
Property Location
8041 Southgate Blvd on www.jupiteroceanfrontcondos.us
Offered at the current list price of $999,995, this home for sale at 8041 Southgate Blvd features 0 bedrooms and 0 bathrooms. This real estate listing is located in of North Lauderdale, FL 33068-1141 . 8041 Southgate Blvd is listed under the MLS ID of A11590788 and has been on the North Lauderdale real estate market for 169 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of November 27th, 2024 at 9:46am CST (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing