We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 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 $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
Property Details
Price:
$3,200,000
MLS #:
A11662862
Status:
Active
Beds:
0
Baths:
0
Address:
5807 SW 25th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
West Park
Listed Date:
Sep 20, 2024
State:
FL
Finished Sq Ft:
5,718
Total Sq Ft:
5,718
ZIP:
33023
Year Built:
1955
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Other, Tile
Heating
Wall/ Window Units
Exterior
Parking Features
Shared Parking
Roof
Built- Up
Financial
Tax Year
2023
Taxes
$32,617
Map
Community
- Address5807 SW 25th St West Park FL
- CityWest Park
- CountyBroward County
- Zip Code33023
Similar Listings Nearby
- 7700 Davie Road Ext
Hollywood, FL$3,888,000
4.10 miles away
- 1432 NE 163rd St
North Miami Beach, FL$3,700,000
4.76 miles away
- 17031 NE 21st Ave
North Miami Beach, FL$3,600,000
4.74 miles away
- 2701 S State Road 7
West Park, FL$3,250,000
0.27 miles away
- 2206 Adams St
Hollywood, FL$3,195,000
3.43 miles away
Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
5807 SW 25th St
West Park, FL
LIGHTBOX-IMAGES