$2,990,00059 days on marketActive

5807 SW 25th Street 118, West Park, FL 33023

West Park, FL 33023

Sq Ft

1955

Year Built

0.29 acres

Lot Size

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.