6 Cap Rate. Rare income producing opportunity in Coral Ridge.


Property

Website:https://www.nestseekers.com/5687795
Address:
Apt: 1
Fort Lauderdale, FL 33305
Ownership: For Sale
Type: Multi-Family
Lot Size: 0.3 Acres

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.

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of One Way Realty Group, LLC

Fort Lauderdale FL 33305 USA