




$2,990,000 USD
Commercial for Sale, 5807 SW 25th St, West Park, Florida 33023
- MLS#A11662862
Listed By Fausto Commercial Realty Consultants Inc
The Commercial Property for Sale located at 5807 SW 25th St, West Park, Florida 33023 is currently for sale. 5807 SW 25th St, West Park, Florida 33023 is listed for $2,990,000.
Property features
Lot/Land
- Land/Lot size:
1,185 m² (12,754 ft²)
Construction
- Year built: 1955
Heating and Cooling
- Cooling system: Wall Or Window Units
Description
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.
Location
5807 SW 25th St, West Park, Florida 33023