6 Cap Rate. Rare income producing opportunity in Coral Ridge.
| Website: | https://www.nestseekers.com/5687771 |
|---|---|
| Address: | Fort Lauderdale, FL 33305 |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$7,900,000
Annual Taxes:$45,000
Description
6% Cap Rate. Rare income-producing opportunity in Coral Ridge. Three luxury 4BR + den townhomes - each with a private pool, 1200 SF rooftop terrace, and Thermador kitchen - offered together as a single turn-key multifamily investment immediately adjacent to the Coral Ridge Country Club. Combined under-air and rooftop area totals 14,650 SF. Previously sold individually, the units now generate $552,000 in combined gross income and $473,500 in Net Operating Income. Offered at $7,900,000 - an ideal opportunity for investors seeking a stabilized, cash-flowing asset in one of Fort Lauderdale's most established addresses.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12069641
Amenities
- Cable - Available
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of One Way Realty Group, LLC | |