Listed by Keller Williams Miami Eagle Realty
$1,900,000
FLORENCE VILLAS
Details
APN 484330200184
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,328
Cap Rate 5.21%
NOI $98,916
Occupancy 100%
Pro-Forma Cap Rate 6.51%
Pro-Forma NOI $123,636
Year Built 2007
Stories 2
Lot Size (SqFt) 5,328
Zoning RM-20
Parking Spaces 12 spaces
Parking Per SqFt 2.25
Multifamily
Marketing description
Location! Excellent investment opportunity! This well-maintained 4-remodeled townhome, 3-bed, 2.1-bath, 1-car garage, fenced-backyard property offers solid returns. Built in 2007, the property features updated interiors and modern finishes that attract and retain quality tenants. The property is currently 100% occupied, providing immediate, stable cash flow from day one. Each unit offers comfortable living with newer-style construction rarely found in multifamily opportunities of this type. Strong rental demand, low maintenance, and consistent occupancy make this an ideal addition to any investor’s portfolio. Excellent opportunity for both seasoned and first-time multifamily investors seeking long-term appreciation and reliable income.
Investment highlights
- Prime location on the east side of US-1, just minutes to the beach, FLL Airport and the pier
- Turn-key, fully leased asset offering immediate and consistent cash flow. At full occupancy
- Built in 2007 with Updated Interiors & Modern Finishes
- Spacious 3 Bed / 2.1 Bath Units with Garages & Private Fenced Backyards
Listing Contacts
Listed by Keller Williams Miami Eagle Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,916.00
$8,243.00/mo
Valuation Metrics
0
DSCR
5.21%
Cap Rate
5.21%
ROI
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Tax History
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