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5807 SW 25th St, Unit 1-18

West Park, FL

Listing Details

  • $2,990,000
  • MLS# A11977304
  • Type Commercial - Business
  • Status Active
  • 0.293 acres
    Lot Size
  • 1955
    Year Built

Description

We are pleased to present 5807 SW 25th St, a prime 18-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 17 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $204,000 annually!... Read more Offering a 6.83% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

Key Features

No amenity information available.

View All Features
5807 SW 25th St 1-18
West Park, FL 33023
County
Broward

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Business
  • Cooling: Wall/Window Unit(s)
  • Crops Included Y/N: No
  • Days on Site: 50
  • Exterior: Concrete Block Construction
  • Flooring: Other, Tile
  • Heating: Wall/Window Units
  • Home Warranty Y/N: No
  • Lease Considered Y/N: Yes
  • Lease Terms: 1 To 3 Year Lease
  • Listing Terms: All Cash, Conventional/Refinance
  • Lot Size: 0.29 Acres
  • Parcel#: 514124031940
  • Parking: Shared Parking
  • Parking Notes: Shared Parking
  • Property Attached Y/N: No
  • Property Sub-Type: Income/MultiFamily
  • Roof Type: Built-Up
  • Sewer: Public Sanitation
  • Stories: 1.0
  • Taxes: $39,452
  • Water: Public
  • Year Built: 1955