Lauderhill, FL 33313

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$850,000
Annual Taxes:$17,387
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Coldwell Banker Realty

Fully updated triplex offering a clean, low maintenance opportunity for investors and owner occupants alike.

Description

Fully updated triplex offering a clean, low-maintenance opportunity for investors and owner-occupants alike. Each of the three units features 2 bedrooms, 1.5 bathrooms, private entrances, equal layouts, two dedicated parking spaces, and privately sectioned backyards that add to tenant appeal and retention. Major improvements have already been completed: roof (2023), impact windows and doors (2021), HVAC systems and tankless water heaters (2022). All units have updated kitchens, with 2 units featuring fully renovated full and half baths. The middle unit is currently being completed, positioning the property for full market rents immediately upon completion. One unit is owner-occupied, creating potential for FHA house hacking while the remaining units help offset monthly expenses. Another unit is currently rented below market, offering clear upside in future rental income. Additionally, several neighboring triplexes with similar layouts have converted units into 3-bedroom configurations to further maximize rental income potential. Conveniently located near major highways, schools, colleges, parks, shopping, restaurants, and everyday conveniences, with easy access to the nightlife and dining of Las Olas Boulevard and the coastal lifestyle of Fort Lauderdale Beach. Some images have been staged.

Amenities

  • CableAvailable
  • LessThanQuarterAcre

Neighborhood

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.