2909 Sq ft
6,535 Sq Ft Lot
~ 2 Story Cash Cow ~
4 legal units with central A/C, 2 units recently
3 of the units are rented and 1 is vacant
Unit #1 = Rented for $825 a month
Unit #2 = Rented for $825 a month
Unit #3 = Rented for $750 a month
Unit #4 = Vacant
All have $500 security deposits
Definitely space to raise rents as local comps on 2/1’s are
$1,000- $1,200 per month.
Has 4 separate electric meters
Tenants pay their own water and electric
New kitchens In 3 units, new bathroom in 1 unit, tile Flooring In all units.
Located in an opportunity zone East of I-95 and just a short drive 8 minute drive to the beaches.
55 SFH Broward County Portfolio
64,000 Sq Ft Total
Rent Roll : $86,000/Mo.
Pro Forma Rent : $98,275/Mo.
All CBS – Well Kept Homes
Call for showing Appointment and Financials!
19 Units) West Park
18 Units) Hollywood
10 Units) Miramar
6 Units) Fort Lauderdale
10 units are 1 bed 1 bath
1 unit is a 2 bed 1 bath
Monthly Rents Total $8,725
Monthly Water Bill is $600 Monthly Gas Bill $175
Tenants pay Electricity
Coin operated Laundry Room
Yearly Insurance $7739
Units are Under Rented
4 PLEX. 2582 sq. ft. On a double lot 9156 sq. ft.
3/1 rented $1840. 2/1 rented $1500.
Two 1/1’s rented $850 and $750. $4950 Month.
Redevelopment Project HUGE VALUE ADD OPPORTUNITY
Bldg: 160,000sf Lot: 9.17acres Built: 1966
Proforma GRM: $277,000
Incredible Hotel/ALF/Multifamily Redevelopment Opportunity in Montgomery Alabama. Unoccupied 277 Units with an Estimated construction cost of $3M. Property needs significant rehab but once renovated and stabilized, this property can produce a gross income of $3,324,000 annually. This property can be converted to Student Housing, Assisted Living Facility or Extended Stay Hotel.
140 rooms are Chicago Brick, in great shape includes a Convention Hall (close to 36,000 sf), 3 Corporate Party Halls (connectable), Huge Restaurant with 30 foot vaulted ceiling, 2000 sf kitchen, full Bar & Lounge, 10 Offices, [60 room Hotel in the rear is SUB-DIVIDABLE] and is a Gorgeous structure, 1/2 Olympic size Pool (in the shape of ALABAMA), lots of recreational space, Sits on about 10 acres. 1/4 mile from the Hospital and less than 4 miles to Alabama State University & Huntington College. City incentives and grants available. The Hotel has already gone through demo and cleanup, ready to sell. (LESS THAN 10K PER DOOR, AND CONVENTION CENTER NOT EVEN COUNTED). THIS IS AN EXTREMELY RARE OPPORTUNITY.
15 unit apartment complex 1/1 and studios, in the middle of Hialeah. New roof, plumbing and electric. 40 year certification done. $174,000 gross income and about $113,00 net income. Units are in great condition and fully rented. 7% Cap Rate. Rent roll, and more details available upon request.
Buyer must have LOI or POF available prior to showing. This property can be purchased via financing.
Triplex. 1796 sq. ft. 7500 sq. ft.lot. OFF market.
Two 2/1’s and an efficiency. 2 buildings.
Rented $1100 and $800. One vacant.
7 Bedroom Studios, 1,772 SF Living area. Fire damage in one of the units, marked as unsafe structure by the city of Hialeah. Zoning is 4600/Multi-Family
Property Type: Multifamily
Number of Stories: 2
Building Size: 3,184 SF
Year Built: 1979
Cap Rate: 10.8%
Vacant Building – Just remodeled
Brand New 55 Impact Windows.
Brand New 35 Impact Doors.
Brand New Insulated TPO Roof
(Best available and most expensive Roof System).
Construction Fence all around for safety and security.
Brand New Gutters for the whole building
22 Cleaned up units and 2 deposits.
Improvements have been professionally performed; with the correspondent permits.
Section 8 $600- $650 monthly
Yearly Income up to $171,600
Property Type: Duplex
Year Built: 1952
Beds/Baths: 2 x 1/1
Square Feet: 973
Property Taxes: $2,032
Estimated Rehab: $2K-5K
Current Rent: $1700 ($800 & $900 per side – month to month)
Occupancy: Tenant Occupied
Building: 32,000 sf
Lot: 1.54 acres
Building 1 – 22 units
Building 2 – 22 units
Building 3 – club house
Cap rate- 5.2%
1510 Sq Ft
~ 2 Blocks off Biscayne Blvd ~
East of 1-95
Legal Duplex with Two 2 /1’s & a third non conforming 1/1
2/1 = $900
2/1 = $900
1/1 = $400
Rented under market, as 2/1’s on the same street collecting $1,300 each per month
There’s lots of opportunity here to raise rent!
Luckily all tenants are month to moth and units have central A/C
Just blocks away from Magic City site, A new upcoming development
Located in an opportunity zone
Best Priced Multi-Family in Zip Code!
Occupied, call for showing
20 Units, One 2/1, Seven 1/1’s and 12 Studios. CBS, 10,003 Sqft. Built on 19,828 Sqft. Lot.
1 Block Away from the Beach zoned for Multifamily, and Short-Term/Seasonal Rentals.
Building was Fully Upgraded and Furnished in 2020 to be repurposed for Short Term Rentals (such as Airbnb).
Conservative Underwriting Indicates a Yield (Cap Rate) North of 6.5%
Great Buy and Hold
New Haven Subdivision
Property Type: Quadraplex
Living Sq ft: 1,320
Lot size: 5,600
Year built: 1925
Needs minor cosmetic touchups
to generate higher rents.
No roof leaks, good Central AC in all 4 Units.
Unit#1: 1 bed 1 bath rented $900 m/m
Unit #2 1 bed 1 bath rented $900 m/m
Unit #3 1 bed 1 bath rented $1,100 m/m
Unit #4 Efficiency 1/1 rented $600 m/m
Total monthly rents are $3,500
4 separate electric meters an 1 water meter.
Great rental area east of Miami Airport.
This is a unique charming multi family property presently zoned MF 30. It is approximately 500 ft from the downtown district. Property consists of a CBS 4 bedroom / 3 bathroom single family home in front with a large patio in the back plus a beautiful CBS 2 story duplex in the rear with Two- 2 bedroom/2 bathroom spacious units with private patios (each unit in the duplex is separately metered for water and electric).
Many upgrades throughout property including updated bathrooms, new baseboards, new doors, new crown molding, new appliances and new kitchens in duplex. Separate electric and gas meters. Property is presently approved for licensed bed and breakfast and is presently used as vacation rental through Airbnb with outstanding reviews and repeat guests.
COMPS ALL WITHIN 1/2 MILE OF SUBJECT PROPERTY, DATA PULLED FROM COUNTY PROPERTY APPRAISER WEBSITE
9 Ocean Breeze,
Lake Worth 33460
3 beds 3 baths 2,436 sqft
Sold on 02/05/18
2,345 sq ft
Legal duplex. This property consist of 1- 2/2 & 1- 2/1. The property needs full updating. Clean title. Great location next to Coral Gables. Fantastic flip or rental. Move fast will not last!! Worth $600k+
4271 Sw 10th St
3 bds * 2.5 ba * 1,730 sqft
Sold price $665,500
Sold on 6/1/20
4229 Sw 13th St
3 bds * 2.5 ba * 1,546 sqft
Sold price $620,000
Sold on 8/27/20
4005 Sw 10th St
3 bds * 2.5 ba * 1,603 sqft
Sold price $603,000
Sold on 10/14/20
5 Bedrooms, 4 Bathroom
CBS Built 1961
Current Rents (all month/month):
1/1 $710 – 1/1 $800 – 2/2 $925 – 1/1 $875
4 Electric Meters
3,450 sq ft
Off Market Fort Lauderdale CBS 8 plex consisting of 8 bed 8 bath with 3,450 sq ft of living area on a 9,000 sq ft lot. This property needs full rehab. Plumbing has been done. Clean title. Great location in Dorsey Riverbend. Fantastic rental. Move fast will not last!! Worth $900k+
9 UNIT MULTI FAMILY
5,602 SQFT LA
11,250 SQFT LOT
TAMIAMI CANAL VIEW
NEW HURRICANE IMPACT WINDOWS
TURN KEY UNITS
TRENDING A 6% CAP
NOI & RENT ROLL ARE AVAILABLE UPON REQUEST
This is an off-market commercial offering with a choice of multiple opportunistic builds across 2 lots located on Calais Drive.
Neighborhood: Normandy Isles
Lot(s) Area: 15,177 sf
Waterfront: 105 linear feet
Main permitted uses on this land, in the RM-1 residential multifamily, low density district are:
Apartments – Up To 21 Units
Single Family Hyper-Luxury Homes
Conditional uses in the RM-1 residential multifamily, low density district are:
Day Care Facility