Amerivest Realty
Listed by Amerivest Realty
$769,000
4265 SW 51st Street # 3 #1-3
Details
APN 504136020122
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,362
Units 3
NOI $41,983
Year Built 1961
Acreage 0.260
Zoning RD-8000
Multifamily | 3 Units
Marketing description
Exceptional value-add investment opportunity in one of Dania Beach's most desirable residential pockets. Featuring an oversized 11,370 SF lot w/ rare dual access from both SW 51st St & SW 43rd Ter. This income-producing Triplex offers immediate cash flow w/ significant upside. 1 unit has been renovated, while 2 others present opportunity to increase rents w/ renovation. Property has an abundance of unused outdoor space presenting further value-add opportunity. Prime location creates built-in demand being just 5 min walk from Broward Maimonides Academy - one of the area's most established educational institutions. Minutes from beaches, FLL Airport, major highways, shopping, dining, & more. Strong location, strong demand & strong upside.
Listing Contacts
Amerivest Realty
Listed by Amerivest Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,983.00
$3,498.58/mo
Valuation Metrics
0
DSCR
5.46%
Cap Rate
5.46%
ROI
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