$960,000
$1,095,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
4661 SW 66th Ave Davie, FL 33314
Key Details
Sold Price $960,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Value Add | No Cap X | A+
MLS Listing ID F10303934
Sold Date 11/30/21
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Total Fin. Sqft 24750
Year Built 1973
Annual Tax Amount $20,907
Tax Year 2021
Property Description
Value Add 2contiguous 3plexes. The property has a superior unit mix, upgraded interiors and overall, the properties are in excellent condition. 4661 SW 66 Ave has also just recently replaced its roof. In addition, the property is set in a parklike setting with ample green space, mature palm trees and plenty of parking. It is also noteworthy Lang Park is located directly behind the subject property and ingress to the park is approximately 500 feet at the end of the street. Each bldg = 2716 ft.² with a 12,375 SF lot and each apt is 900 ft.² on average. The average rent per unit for the subject property is $1216. Market Rent $1450. NOI increases from $44,852 to $59,672, a 18% increase based on $1433 rent/mth Tenants pay own water and trash
Location
State FL
County Broward County
Community Two Contiguous 3Plex
Area Hollywood Central (3070-3100)
Zoning DZ
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/2 To Less Than 3/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Media Realty