ROYALE GARDENS CONDO

8061 Southgate Boulevard, North Lauderdale FL 33068

1,010 ft²

Closed

$757,500

39.40%

Est. Payment $4,032/mo

MLS Sheet Video

1,010

Sq. Ft.

1988

Year Built

2

Stories

183

Days on Market

Description

**6.75% CAP RATE** Introducing a 3 Unit (previously listed as 4- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. Units are rented between 2350-2400 per month! Monthly COA fee at Royale Gardens is just $390 (per unit) and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 3 UNITS TO ACCOMODATE BUYERS BUDGET. One Unit is rented for $2400, 2 are rented for $2350

Facts

MLS#
A11664393
Subdivision
ROYALE GARDENS CONDO
Property Type
Residential Income
Property Sub Type
Triplex
Year Built
1988
Lot Size
0 sqft
Sq. Ft.
1,010 ft²
Sq. Mt.
94 m²
Price per sq. ft.
$750/ft²
Price per sq. mt.
$8,059/m²
Stories
2
Garage
Pool
Days on Market
183 days
Listed
Sep 23, 2024
Last Updated
May 1, 2025
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for North Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

24

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/1/2025Sold$757,500
2/24/2025Price change$757,500-39.4%
9/23/2024Listed for sale$1,250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

8061 Southgate Boulevard, North Lauderdale FL 33068Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$4,813/mo

Principal & Interest

$4,032

Property Tax

$631

Insurance

$150

HOA

$0

20% ($151,500)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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