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3351 NW 86th Ave #3351-3369 Coral Springs, FL 33065
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Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10354252
Sold Date 01/30/23
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 23049
Year Built 1983
Annual Tax Amount $23,705
Tax Year 2021
Lot Size 0.529 Acres
Property Sub-Type Income/Multi-Family
Property Description
.5 miles east of University off of Sample road you will fine Riverview Square. These 10 condos occupy the entire two story building. All of the units are 2 bedrooms / 2 bathrooms with washer and dryers in each. All of the units have their own electrical meters. Rents are currently under market value and can be easily raised to $1,850 or more per unit. This would increase the NOI and provide an 8% CAP rate.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-20
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Flooring Ceramic Floor
Exterior
Water Access N
Roof Type Tile Roof
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with United Realty Group Inc
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095