Fidelity Real Estate Group LLC
Listed by Fidelity Real Estate Group, Fidelity Real Estate Group LLC
$2,499,000
10675 Royal Palm Boulevard # 7 #1-7
Details
APN 484120014270
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 8,407
Units 7
NOI $195,911
Year Built 1987
Buildings 1
Stories 2
Acreage 0.470
Zoning RM-20
Parking Spaces 15 spaces
Parking per 1,000 SqFt 1.78
Multifamily | 7 Units
Marketing description
Fantastic Find In The Heart Of Coral Springs! This 7-Unit Property Sits On Nearly Half An Acre And Offers A Prime Corner-Lot Location. The Property Consists Of One Spacious 3 Bedroom, 2.5 Bath Townhome, Four 3 Bedroom, 2-Bath Units, And Two - 2 Bedroom, 2-Bath Units. Current Rents Are Well Below Market, Creating Tremendous Upside Potential. Every Unit Includes Washer And Dryer, A Private Patio Or Balcony, And Separate Electric Meter, Helping Maximize Rental Income. Projected Annual Gross Income Is $240,000, With Total Estimated Annual Expenses Of $68,389. Estimated Expenses Include Landscaping Of $4,800, Insurance Of $12,000, Water Of $5,400, And Electric Of $1,560. All Information Is Believed To Be Accurate But Is Not Guaranteed.
Listing Contacts
Fidelity Real Estate Group LLC
Listed by Fidelity Real Estate Group, Fidelity Real Estate Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$195,911.00
$16,325.92/mo
Valuation Metrics
0
DSCR
7.84%
Cap Rate
7.84%
ROI
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Property History
Tax History
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