5807, Southwest 25th Street, Carver Ranches, West Park, United States
Broward County, FL 33023
$3,200,000
- Multi-family
- 5,718 SF building
- 0.29 acre lot
- $560/SF
Highlights
- 5,718 SF building on a 12,754 SF (0.29 acres) lot
- 17 units
- Asking $560/SF
Property facts
- Price
- $3,200,000
- Price per SF
- $560/SF
- Property type
- Multi-family
- Building size
- 5,718 SF
- Lot size
- 12,754 SF (0.29 acres)
- Units
- 17
About this property
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 441. This fully 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 kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income is generated 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% going in cap rate! This property has even more upside with the potential to increase returns by adjusting rents to market rates.
From the listing broker.
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