Listing IDF10362715
Sold For$2,100,000
Acres
0.207
Listing StatusClosed
CountyBroward County
Year Built1975
Property TypeCommercial Sale
Property Sub TypeMulti Family
Amazing opportunity for this rarely available 8 units apartment building in Lighthouse Point, with 8 parking spaces. There is a school across the street. The building is meticulously self managed for over a decade. Roof was replaced approximately 12 years ago, Impact window and doors throughout, all unit has central air and all replaced within the past five years. All units are 1 Bedroom/1 Bath, with living, dining and kitchen, front and back entrance. All units have separate electric meters, landlord pays for water which is $310 monthly. Each unit comes with a storage space, there is also laundry facilities. Do not disturb tenants. Appointment to tour one unit and around the building. Upon contract inspection will be allowed 48-72hrs notice required. Do not disturb tenants. Showings Require 48 hours notice. Rent roll is attached and income and expense statement.
County
Broward County
Property Sub Type
Multi Family
Property Type
Commercial Sale
Year Built
1975
Building Area Total
5533
Cooling
Central Air
Flooring
Tile
Heating
Central
Levels
Two
Stories
2
Construction Materials
Block
Lot Size Area
9000
Lot Size Dimensions
90
Lot Size Square Feet
9000
Number Of Buildings
1
Number Of Units Total
1
Parking Features
Assigned
Parking Total
8
Road Frontage Type
City Street
Roof
Tile
Sewer
Public Sewer
Water Source
Public
MLS Area Major
3221
MLS Area Minor
North Broward Intracoastal To Us1 (3211-3234)
Postal City
Lighthouse Point
Zoning Description
RM-25
Documents Available
Rent Rolls
Documents Count
2
Mls Status
Closed
Security Features
Smoke Detector(s)
Year Built Details
Resale
Contingency
No Contingencies
Gross Income
151440
Gross Scheduled Income
147600
Insurance Expense
5163
Listing Terms
Cash, Conventional
Net Operating Income
115364
Operating Expense
36076
Ownership
Corporation
Possession
Closing & Funding
Tax Annual Amount
25273
Tax Year
2022
Tenant Pays
Electricity, Insurance
Listed by: Keller Williams Realty Consult
© 2024 Beaches MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of BMLS. Real estate listings held by IDX Brokerage firms other than By The Sea Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Thursday, April 18th, 2024 at 04:56:24 PM.
Contact - Listing ID F10362715
By The Sea Realty
2400 E. Commercial Blvd. #708
Fort Lauderdale, FL 33308
Phone: 954-351-7007
Fax: 954-351-5005
Data services provided by IDX Broker