Bought with The Keyes Company
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $3,110,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 8,180 sqft
Price per Sqft $380
Subdivision Oakland Ocean Mile
MLS Listing ID RX-10966174
Sold Date 07/11/24
Year Built 1970
Annual Tax Amount $39,796
Tax Year 2023
Lot Size 10,018 Sqft
Property Description
PRICE REDUCTION!!! LOWEST PRICE EAST OF US-1!! Excellent location situated right off the intracoastal and just over the bridge from the beach. The property consists of 14 units (4 2/2's, 4 1/1's and 6 Studios) with annual leases and the potential to have 18 Airbnb units. All units are currently leased annually. The building features all updated units with new AC, plumbing, and electrical. There are 14 parking spots , laundry on-site, individual electrical meters. and the building has been freshly painted. The 40 year inspection has been completed . Easy to Show.
Location
State FL
County Broward
Area 3260
Zoning RMH-25
Interior
Heating Central Individual
Cooling Central Individual
Flooring Ceramic Tile
Fireplaces Type Smoke Alarm, Smoke Detector
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type Flat Tile
Building
Story 100.00
Foundation CBS
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
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
Learn More About LPT Realty