1. Florida
  2. West Park
  3. 5807 SW 25th St
$2,990,000

5807 SW 25th St, West Park, FL 33023

  • 5,718 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $523/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

Listing Status:
Active
Date Added:
September 19, 2024 at 05:00AM
Listing Office:
Fausto Commercial Realty Consultants Inc : 9547437594
Listing Agent:
Elior Levi : 954-743-7594
MLS ID:
A11662862
  • Flooring: OtherTile
  • A/C: Wall/Window Unit(s)
  • Heating: Wall/Window Units

This listing courtesy of Elior Levi, Fausto Commercial Realty Consultants Inc

Location

Schools Nearby

S

Somerset Academy East Preparatory

2000 S State Road 7, Miramar, FL, 33023

Grades KG-6

0.43 miles away

C

Championship Academy of Distinction Middle School

1100 Hillcrest Dr, Hollywood, FL, 33021

Grades 6-8

1.19 miles away

H

Henry D Perry Education Center

3400 Wildcat Way, Miramar, FL, 33023

Grades PK-12

1.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.