FL > West Park
West Park, FL 33023,5807 SW 25th St
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West Park, FL 33023,5807 SW 25th St
West Park, FL 33023,5807 SW 25th St
West Park, FL 33023,5807 SW 25th St
West Park, FL 33023,5807 SW 25th St
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 2,990,000
Est. payment /mo
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5807 SW 25th St West Park, FL 33023

5,718 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,718 sqft

Price per Sqft $522

MLS Listing ID A11662862

HOA Y/N No

Year Built 1955

Annual Tax Amount $32,617

Tax Year 2023

Lot Size 0.293 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Broward

Area 3190

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Tile

Exterior

Roof Type Built-Up

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 514124031940

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11662862

Listed by Fausto Commercial Realty Consultants Inc
agent

Alex Mendel

Agent

+1(561) 827-8449

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5807 SW 25th St

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