8061 Southgate Boulevard, North Lauderdale, FL 33068
- $690,000
- 1,010
- SqFt
- Sold Price
- $690,000
- List Price
- $757,500
- Closing Date
- May 01, 2025
- MLS#
- A11664393
- Sq. Ft
- 1,010
- Subtype
- Triplex
- County
- Broward
- Community
- Royale Gardens Condo
- Subdivision
- Royale Gardens Condo
- Year Built
- 1988
Property Description
**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
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Additional Information
- Hoa
- Yes
- Hoa Amount
- 390
- Status Label
- CLOSED
- Total Unitsin Complex
- 1
- Construction
- CBS Construction
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Lot Description
- 1/4 To Less Than 1/2 Acre Lot
- Roof
- Shingle
- Taxes
- $3,473
- Total Floors
- 2
- Stories
- 2
- Roofing
- Shingle
- Price Per Sqft
- $683
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Listing Courtesy Of Cutting Edge Investments & Realty Inc, Contact:
Selling Office: Miami New Realty.