Commercial Sale
5511 20th
West Park, FL 33023
General Information
Location Information
Additional Features
Financial Information
Remarks
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.
Listing Agent
Thomas Swartzbaugh
Sunbelt Investment Properties
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information 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.
Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276