Overview
- 1961
Property Details
Updated on October 2, 2023 at 10:25 am- Property ID: A11351230
- Price: $925,000.00
- Year Built: 1961
- Property Status: Sold
- Office Name: Optimar International Realty
Additional details
- Property Sub Type: Quadruplex
- Style: Quadruplex, Fourplex
- Building Name: DIPLOMAT GOLF & RACQUET C
- Condition: Resale
- Floor Description: Tile
- Pool Features: In Ground
- Parking: 5
- Roof: Other
- Heating features: Window/Wall
- Cooling features: Wall/Window Unit(s)
- Sewer: Public Sewer
- Construction Materials: CBS Construction
- Stories: 2
- Stories Total: 2
- Unit Design: Attached
- Assoc. Fee: $350
- Assoc Fee Paid Per: Monthly
- Tax Amount: $2214
- Tax Year: 2022
- Lot Description: 1 To Less Than 2 Acre Lot
- Parcel N°: 514226HC0270
- County: Broward County
- Terms Considered: All Cash, Conventional
- Status: Closed
Property Description
Potential to have 15-20% ROI or more. Incredible cap rate for all types of investors. 5 units included in the price. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. 3 units active on airbnb and 2 units with long term tenants. Potential to assume the current management group so that nothing changes ! Value add opportunity as renovation could increase income. Monthly maintenance fee of $350 month and no other fees to be aware of. Electric and water included in maintenance fee. Each unit 320 sq.ft. Pets are allowed up to 100 pounds. 154 complex units. Great opportunity walking distance to the ocean in a rapidly growing area. Minutes from Sunny Isles Beach, Aventura Mall and Gulfstream Park/Shopping.
Address
Open on Google Maps- Address Diplomat Pkwy 5 UNITS
- City Hallandale Beach
- State/county Florida
- Zip/Postal Code 33009
- Country United States
All information provided is deemed reliable but is NOT guaranteed accurate, and should be independently verified.
Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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