$1,030,000
$1,319,900
22.0%For more information regarding the value of a property, please contact us for a free consultation.
3019 SW 68th Ter Miramar, FL 33023
6,864 SqFt
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,864 sqft
Price per Sqft $150
Subdivision Miramar Sec 3
MLS Listing ID A10963042
Sold Date 06/01/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1979
Annual Tax Amount $15,861
Tax Year 2020
Contingent No Contingencies
Property Description
Huge Price Reduction! TURN KEY READY - 7Plex with secure neighborhood. Great Opportunity for Investors. Amazing gross return nearly 8%. Easy access to highways, FL turnpike, schools, Publix, restaurants, and shopping plazas, etc. 0-1% vacancy rate in past few years. New water heaters are replaced in 4 of the units. Unit 1: Remodeled with New kitchen, Granite counter top, new water heater, freshly painted. Unit 1,2,6: Freshly painted remodeled with new baseboards. Unit 3: updated AV with new Freon. Unit 2: New Booster & Coil. Unit 7: New Stairs. Extra layer of protective coating on Roof. 4 units are 1b/1b. 2 units are 2b/1b. 1 unit is 4b/3b. Annual Rent Income (2020): $172,426.69. Annual Expense (2020): $40813.74 + $42197.64 (renovation) = $83011.38. Excellent lifetime investment.
Location
State FL
County Broward County
Community Miramar Sec 3
Area 3190
Interior
Heating Central, Wall Furnace, Zoned
Cooling Ceiling Fan(s), Zoned
Flooring Carpet, Tile
Window Features Blinds,Drapes
Exterior
Exterior Feature Balcony, Fruit Trees, Lighting, Porch, Patio
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Waterfront No
Roof Type Other
Porch Balcony, Open, Patio, Porch
Total Parking Spaces 20
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block,Stucco
Construction Status Resale
Others
Tax ID 514126030720
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Corporate Listing, Listed As-Is
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Bought with Management Miami