About This Property

RARE 9-UNIT INVESTMENT OPPORTUNITY! Excellent opportunity to acquire an established income-producing property consisting of 4 duplexes plus 1 single-family home situated across 2 folios. All 9 units are currently generating a combined $17,415 per month in gross rental income - approximately $208,980 annually. Strong existing rental income with immediate cash flow. Conveniently located near the Seminole Hard Rock Hotel & Casino, with easy access to the Florida Turnpike and I-95, and close to Hard Rock Stadium. Unique opportunity for an investor to acquire multiple rental units together in a highly accessible South Florida location. Seller may finance @7% with a large downpayment. 1st Lien position only. New owner can raise rents to $2,100-$2,500.00 per door for the 8 units and the house which is currently being used as the management office can be rented for $3100.00 -$3400.00 per month. Current Owner is retiring, Possible 1031 Exchange

Key Features

• 34,655 sq ft Lot
• Built in 1990

Property Details

• Type: Single Family Home
• Year Built: 1990
• Lot Size: 34,655 sq ft
• Sq Ft: 7,322
• Price / Sq Ft: $369
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 34,655 sq ft Lot
• Feature: Built in 1990
• Status: Active
• MLS Number: 1179394340
• Days on Market: 51
• Listed By: CSRF Real Estate · Brian Davis
• Zip Code: 33021