Price Reduced 6.56%

$2,990,000

Est. Mortgage $15,316/mo *

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Price History

$3,200,000
9/19/2024

$2,990,000
1/19/2025

5807 SW 25th St, West Park, FL, 33023

5807 SW 25th St, West Park, FL, 33023
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1955

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 of 441. This 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 full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income 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% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

Status:

Active

Type:

Commercial

Zoning:

TOC

Garage:

Common

Heating:

Window Unit, Wall Furnace

Cooling:

Wall/Window Unit(s)

Est. Taxes:

$32,617

Construction

Block

Days on Market:

121

Lease Term Type:

36 Months

MLS #:

A11662862

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Fausto Commercial Realty Consultants Inc Phone: 9547437594