27 residential condominium units out of 40 units in the Isles of Coral Ridge building. Offered as bulk package. Currently 92%+ leased and professionally managed. Last 2 vacant units under renovation for October completion. On corner, waterfront lot with dockage and pool. Brokers welcome.
The property totals 25 units -all 1bed' s/1bath's an amazing opportunity with upside potential this will make it a cashcow once stabilized re-Tiled all units, re roofed all units in 2006, New paving and recently placed on city sewer in 2010. There also exists on the site a extra/bonus building that is currently being used for maintenance storage. This could easily be converted into another large unit to Rent or the space could be converted into a neighborhood Coin operated Laundry facility (which is in high demand). This building would require $ for the interior build-out. Water & Sewer and electric are stubbed to the building. Property had passed 40 year inspection and seller will do financing %75 LTV for 3 years balloon at %6-7 simple interest with no prepay penalty amortized over 30 years. average rent of $175.00 per week. Average of Expenses are as follows which Seller will verify upon execution of a contract:: Electric - $1,350/mo. Water/Sewer - $2000/mo. Taxes - $1,566/mo. Garbage- $ 307/mo. Maintenance $ 700/mo. Manager- $ 2000/mo. Total $7,923 ($95,000 annually) Call for inspections and meeting with current manager asap.
9 units nice apartment complex . Great location. 6 units - 1/1 2 units 2/2 1- studio All units has tile floors .
637 NW 15 Terrace consists of 2 contiguous 4-plexes for a total of eight (8) one bedroom/one bath apartment, each containing approximately 437 Sq Ft. and one of the best maintained apartment building in the area. This is an added value opportunity as the rents will be increased without any additional capital expenditure and expenses will be drought in line with industry standards. The property was built in 1954 and has a gravel swale to accommodate 8 cars. The gravel also is used instead of grass and therefore negates monthly landscaping costs. The roof is flat. HVAC is one unit AC per apartment.The Subject units rent for $450 which is 20-25% below market value
Beautiful waterfront duplex just off east Las Olas Blvd. 3 deep water boat slips, one has a boat lift. Ocean access, no fixed bridges. Tropical landscape and balcony overlooking private pool. Property has 2 large units with private laundry areas. 2nd floor unit has a sauna and beamed ceilings. Newer central A/C units. Roof was replaced in 2011. Property has a large 2 car garage with an office. 10 additional parking spaces. Perfect location and great investment property! Call for details on rental income the property is generating right now. Unit #1 = 2/2 Rented at $2500 a month Unit #2 = 3/3 Owners unit or could be rented at $4000 a month Dock #1 = Rented at $350 a month Dock #2 = Rented at $350 a month Dock #3 = Rented at $450 a month 2 car garage & office = Not being used currently but could be more income. Do not go to building without a scheduled appointment. 24 hour notice required before any showings. Do not disturb tenants. Call listing agent:
This is a recently renovated single family home in west Fort Lauderdal off of Broward. Owners purchased home and re-did flooring, landscaping, kitchen, bathrooms, appliances, and repaired roof. There is a tenant in the home currently paying $1,000 a month AND UTILITIES ARE BOTH IN THEIR NAME. Expenses are minimal. Easy income for someone looking to add a cash-flowing home to their portfolio. 10% CAP!
PRICE REDUCED FOR QUICK SALE!!! Don't miss this GREAT investment opportunity RENT a unit LIVE the other one, this duplex has everything, one unit has been updated with new kitchen cabinets and appliances, remodeled bathroom, both units have tile flooring and the windows were recently replaced. Private entrance with patio for each unit, large fence backyard great for entertaining, beautiful landscaping, separate meters, great location, minutes from the beach, Downtown, shopping, restaurants and more...
Oceanfront motel/apartment building in a small oceaside community.
Just off Federal Highway, one block from SE 17th Street Causeway, listing comprises of 4 units and MUST BE PURCHASED with adjacent fiveplex.