For more information regarding the value of a property, please contact us for a free consultation.
6325 NW 11th St Margate, FL 33063
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $527,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $171
Subdivision Margate 3Rd Add-Resub Of
MLS Listing ID F10115541
Sold Date 11/20/18
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 10437
Year Built 1972
Annual Tax Amount $7,188
Tax Year 2017
Property Description
Lake Front 4 Plex with Rents Below Market! All Units are 2 Bedroom 1 Bath with Central A/C, Washer & Dryer. Average Market Rent is approx. $1200 Monthly. Gross income is $50,400 Estimated Annual Expenses include Taxes: $5,988 Lawn: $600 Insurance: $4000 Water&Trash $3,600 (Total $14,188) Estimated Cap is 8% Estimated Proforma Cap Rate is 8%. All information is believed to be accurate but is not guaranteed.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning R-3
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Waterfront Yes
Waterfront Description Lake Front
Water Access Y
Water Access Desc Other
Roof Type Flat Roof With Facade Front
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Stucco Exterior Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition As Is
Read Less
Bought with Fidelity Real Estate Group LLC
GET MORE INFORMATION
