Bought with Local Real Estate Co
$835,000
$850,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5 Baths
3,154 SqFt
SOLD DATE : 01/14/2022
Key Details
Sold Price $835,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,154 sqft
Price per Sqft $264
Subdivision The Cove 32-48 B
MLS Listing ID RX-10747486
Sold Date 01/14/22
Construction Status Resale
Year Built 1961
Annual Tax Amount $10,419
Tax Year 2020
Lot Size 7,405 Sqft
Property Description
The property consists of 5 units. 1- 2 bedroom 1 bath, 3- 1 bedroom 1 bath & 1-EFFICIENCY property is OCCUPIED WITH tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. All units are occupied except unit 4 that is in raw condition and needs to be completed. UNIT 4 HAS BEEN GUTTED AND IS IN NEED OF A NEW KITCHEN, BATHROOM, APPLIANCES, AND PAINT. Property is being sold on behalf of a Court-Appointed Receiver. Sale is subject to Court approval, and a standard contract will be provided to the interested buyer. Cash offers are highly preferred. Please inquire for further details on the process to place a bid. Do not visit the property without prior authorization!
Location
State FL
County Broward
Area 3212
Zoning RM-15
Interior
Heating Other
Cooling Other
Flooring Other
Fireplaces Type None
Exterior
Utilities Available Public Sewer, Public Water, Separate Meter
Roof Type Comp Shingle
Building
Story 100.00
Foundation CBS, Concrete
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "