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Multifamily Residential
$3,200,000
5807 SW 25th St West Park, FL

A11662862

56 of 100 for Sale
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an agent
  • Listed On:

    Sep 20, 2024
  • Days on Market:

    65
  • Year:

  • Taxes:

    $32,617 per year
  • Floor Description:

    Other, Tile
  • Occupancy:

  • Zoning:

  • Parking:

    Shared Parking

5807 SW 25th St West Park, FL We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 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 $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

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For Sale Details

  • Floor Description

    Other, Tile

  • Heating Description

    Wall/Window Units

  • Parking Description

    Shared Parking

  • Photo Count

    32

  • Property Type

    Commercial Sale

  • SqFt Total

    12754

  • Terms Considered

    All Cash, Conventional/Refinance, Owner Will Carry

  • Year Built

    1955

Any questions about Multifamily Residential?
Contact our West Park Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

We will sell it for you!
We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Multifamily Residential condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
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