$960,000
$1,075,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
7220 Pembroke Rd Miramar, FL 33023
Key Details
Sold Price $960,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10218941
Sold Date 06/30/20
Construction Status Resale
HOA Y/N No
Year Built 1968
Annual Tax Amount $23,238
Tax Year 2018
Property Description
Great opportunity to purchase a money making apartment building. The rents are all under market and the tenants are not on a lease. One apartment is used by manager and there is no revenue from that apartment. The building is selling for just about assessed value. It passed 40 year inspection July 2019. Building was painted and parking was paved and striped July 2019. Supplemental information on improvements within the last five years.. Manager there 35 years, most tenants around 5-15 years. No one is on a lease. rents are very underpriced for the area.
Location
State FL
County Broward County
Area Hollywood South West (3990;3190)
Zoning RM-10
Interior
Cooling Wall/Window Unit Cooling
Exterior
Water Access N
Private Pool No
Building
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Partnership
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with Diamante Real Estate LLC