5511 SW 20th Street, West Park FL 33023

Description

Over $180,000 in renovations just completed 12/2021. Permitted from ground up. Designer finishes throughout. Located on quiet street with huge oversize lot & beautiful courtyard setting. Complete turn-key revenue generator with an ideal unit mix. 8-units with (4) 1 bed / 1 baths & (4) 2 bed / 1 baths. New electric & new electric panels. Brand new bathrooms including vanities, sinks, faucets & shower diverters. New interior doors, baseboards & crown molding. All new lights & fans, white shaker kitchen cabinets, quartz countertops plus new vinyl plank flooring throughout. Brand new stainless steel appliances. Pro-forma NOI of $95,722 & 7.36% cap rate. Strong investment opportunity in an incredible location fifteen minutes west of Hallandale Beach, centrally located between Hollywood and North Miami Beach. Exterior features include new sprinkler system, landscaping, paint, stucco and driveway. No deferred maintenance and limited capital expenditures. Income generating laundry room added. Contact Thomas for more details. Schedule access today through 'Showing Time' link.