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5511 SW 20th St #1-8 West Park, FL 33023
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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10310770
Sold Date 03/03/22
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 14381
Year Built 1960
Annual Tax Amount $17,871
Tax Year 2020
Lot Size 0.330 Acres
Property Sub-Type Income/Multi-Family
Property 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.
Location
State FL
County Broward County
Area Hollywood Central (3070-3100)
Zoning R-1C
Interior
Cooling Central Individual A/C
Flooring Tile Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Story 1.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Security Features Fenced
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with Metropolitan Property Grp Fl LLC
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095