5807 SW 25th Street 118, West Park, FL 33023
Listing Snapshot
| List Price | $2,990,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.29 acres |
| Year Built | 1955 |
| Property Tax | $39,452/yr |
| MLS # | 1155757234 |
| Status | Active |
| Days on Market | 59 |
About This Home
We are pleased to present 5807 SW 25th St, a prime 18-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 17 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 $204,000 annually! Offering a 6.83% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 1
- Parking
- Common
- Zoning
- TOC
Interior Features
- Flooring
- Other,Tile
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- BuiltUp
- Lot Features
- QuarterToHalfAcreLot
Community Features
- MLS Area
- 3190
Map
Virtual Tour
View Virtual TourMLS# 1155757234 · BEACH
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Estimate Your Payment
20% down · Loan: $2,392,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.