26 Diplomat Pkwy 20 units ,Attached, Quadruplex, Diplomat Golf & Racquet C for Sale

26 Diplomat Pkwy 20 units for Sale

Price $9,450,000.00

• Lot size 6400
• Year Build 1961
• Waterfront
• Zip 33009
• Style Attached
• Parking Description
• Pool Yes In Ground
• Status Active

Description

20 unit portfolio within 150 unit complex. $195k per unit. Incredible cap rate potential for all investors. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. Option to rent to annual tenants at $1,700/month. Potential to assume 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/water included in maintenance fee. Each unit 320 sq.ft. Pets allowed up to 100 pounds. Building sits on highly desirable land and will likely be a developer acquisition in the future. Great opportunity walking distance to the ocean in a rapidly growing area. Less than a mile from the beach. Minutes from Aventura Mall, Gulfstream Park/Shopping.

THE DIPLOMAT GOLF & RACQUET CLUB RESORT CONDO UNIT 2244 PER CDO BK/PG: 20950/222

Less Than 1/4 Acre Lot

20 unit portfolio within 150 unit complex. $195k per unit. Incredible cap rate potential for all investors. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. Option to rent to annual tenants at $1,700/month. Potential to assume 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/water included in maintenance fee. Each unit 320 sq.ft. Pets allowed up to 100 pounds. Building sits on highly desirable land and will likely be a developer acquisition in the future. Great opportunity walking distance to the ocean in a rapidly growing area. Less than a mile from the beach. Minutes from Aventura Mall, Gulfstream Park/Shopping.

City:Hallandale Beach,Zoning:CCB,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Latitude:25.9869695,Cooling Y N:1,Heating Y N:1,List Price:9450000,Listing Id:A11420635,Longitude:-80.1274559,Mls Status:Active,Year Built:1961,Living Area:6400,Postal Code:33009,Street Name:Diplomat Pkwy 20 units,Coordinates:1:25.9869695,Photos Count:14,Building Name:DIPLOMAT GOLF & RACQUET C,Days On Market:9,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Diplomat Golf & Racquet C,On Market Date:2023-07-17,Parcel Number:514226HC0430,Parking Total:80,Property Type:Residential Income,Stories Total:2,Street Number:26,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:20 unit portfolio within 150 unit complex. $195k per unit. Incredible cap rate potential for all investors. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. Option to rent to annual tenants at $1,700/month. Potential to assume 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/water included in maintenance fee. Each unit 320 sq.ft. Pets allowed up to 100 pounds. Building sits on highly desirable land and will likely be a developer acquisition in the future. Great opportunity walking distance to the ocean in a rapidly growing area. Less than a mile from the beach. Minutes from Aventura Mall, Gulfstream Park/Shopping.,Structure Type:1:Fourplex,Association Fee:350,County Or Parish:Broward County,Expiration Date:2023-12-31,List Office Name:Optimar International Realty,M I A M I R E_ Pool Y N:1,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3721,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:DIPLOMAT GOLF & RACQUET C,Tax Annual Amount:2214,Unparsed Address:26 Diplomat Pkwy 20 units, Hallandale Beach FL 33009,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:6400,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:609.375,Original List Price:3900000,Public Survey Range:51,I D X Participation Y N:1,Number Of Units Total:20,Syndication Remarks:20 unit portfolio within 150 unit complex. $195k per unit. Incredible cap rate potential for all investors. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. Option to rent to annual tenants at $1,700/month. Potential to assume 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/water included in maintenance fee. Each unit 320 sq.ft. Pets allowed up to 100 pounds. Building sits on highly desirable land and will likely be a developer acquisition in the future. Great opportunity walking distance to the ocean in a rapidly growing area. Less than a mile from the beach. Minutes from Aventura Mall, Gulfstream Park/Shopping.,Listing Contract Date:2023-07-17,Originating System I D:miamire,Public Survey Section:26,Showing Instructions:24 Hour Notice,See Broker Remarks,Street Number Numeric:26,Tax Legal Description:THE DIPLOMAT GOLF & RACQUET CLUB RESORT CONDO UNIT 2244 PER CDO BK/PG: 20950/222,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,M I A M I R E_ Adjusted Area S F:6400,Association Fee Frequency:Monthly,Contract Status Change Date:2023-07-17,Internet Address Display Y N:1,Number Of Units In Community:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:609.38,