For Sale

5807, Southwest 25th Street, Carver Ranches, West Park, United States

Broward County, FL 33023

$3,200,000

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.

Location

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