
Listed by Jack Keller Inc
$1,250,000
CORAL RIDGE ISLES 45-47 B
Details
APN 494211072500
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,189
Units 2
NOI $29,835
Year Built 1964
Multifamily | 2 Units
Marketing description
This Duplex has two furnished completely remodeled 2 bedroom 2 bath units. Both units have new kitchen appliances and required smoke and carbon dioxide units. Potential annual income is between $75,000 and $100,000. depending on how you operate the property. A Well sprinkler system covers the entire property. The entire building was painted in 2026 and there is no deferred maintenance. The tile roof is in excellent condition. One unit is presently licensed as a Vacation Rental and the other is an annual furnished unit. The central Air Conditioning and Heating is relatively new kept serviced and the circular drive was completly replaced 5 years ago. This large corner lot is just 2 blocks north of Commercial Blvd.
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Listed by Jack Keller Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,835.00
$2,486.25/mo
Valuation Metrics
0
DSCR
2.39%
Cap Rate
2.39%
ROI
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