507-511 8th Ave ,Free Standing for Sale

507-511 8th Ave for Sale

Price $2,500,000.00

• Lot size 12749
• Year Build 2023
• Waterfront
• Zip 33311
• Style
• Parking Description Assigned, Guest
• Pool Yes
• Status Active

Description

$CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALMOST $100,000 IN FUTURE BOOKINGS INCLUDED WITH THE SALE. "SISTRUNK SHADES" IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!

USE SHOW ASSIST FOR APPTS. 24-HR NOTICE REQUIRED. LISTING AGENT MUST ACCOMPANY.CONTACT ERIK MENDELSON FOR APPT CONFIRMATIONS. PLEASE USE SHOWING TIME FOR ALL APPOINTMENTS. PREAPPROVAL REQUIRED WITH ALL FINANCED OFFERS. PROOF OF FUNDS REQUIRED FOR ALL CASH OFFERS.

North Lauderdale 1-48 D 3-50-42 POR LAND IN BLK 16 DESC AS, COMM NE CORNER OF LOT 20 IN BLK 16, W ALG N/L OF LOT 20 45.08 TO POB, W 29.66

City Location

$CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALMOST $100,000 IN FUTURE BOOKINGS INCLUDED WITH THE SALE. "SISTRUNK SHADES" IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!

City:Fort Lauderdale,Zoning:RMM-25,Heating:1:Central Individual A/C,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Wood,Latitude:26.1279769,Cooling Y N:1,Heating Y N:1,List Price:2500000,Listing Id:A11517021,Longitude:-80.15276,Mls Status:Active,Year Built:2023,Directions:BROWARD BLVD TO NW 9TH AVE, NORTH TO NW 5TH ST, EAST TO NW 8TH AVE, LEFT TO ENTER THE PROPERTY.,Inclusions:Building & Land,Furniture, Furniture/Fixtures,Postal Code:33311,Street Name:8th Ave,Coordinates:1:26.1279769,Photos Count:29,Business Type:1:Residential-Single Family,Lot Size Units:Square Feet,M I A M I R E_ Area:3390,On Market Date:2024-01-18,Parking Total:7,Property Type:Commercial Sale,Stories Total:2,Street Number:507-511,Public Remarks:$CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALMOST $100,000 IN FUTURE BOOKINGS INCLUDED WITH THE SALE. "SISTRUNK SHADES" IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!,County Or Parish:Broward County,List Office Name:Miami Real Estate Agency,Private Remarks:USE SHOW ASSIST FOR APPTS. 24-HR NOTICE REQUIRED. LISTING AGENT MUST ACCOMPANY.CONTACT ERIK MENDELSON FOR APPT CONFIRMATIONS. PLEASE USE SHOWING TIME FOR ALL APPOINTMENTS. PREAPPROVAL REQUIRED WITH ALL FINANCED OFFERS. PROOF OF FUNDS REQUIRED FOR ALL CASH OFFERS.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Guest,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:6290,Unparsed Address:507-511 NW 8th Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Security Features:1:Motion Detector,Year Built Details:Resale,Building Area Total:7470,Building Area Units:Square Feet,Lot Size Square Feet:12749,Number Of Buildings:2,Original List Price:2500000,Public Survey Range:42,Documents Available:1:Owner Managed,2:Existing Survey,I D X Participation Y N:1,Syndication Remarks:$CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALMOST $100,000 IN FUTURE BOOKINGS INCLUDED WITH THE SALE. "SISTRUNK SHADES" IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!,Listing Contract Date:2024-01-18,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:24 Hour Notice,Showing Assist,Street Number Numeric:507,Tax Legal Description:North Lauderdale 1-48 D 3-50-42 POR LAND IN BLK 16 DESC AS, COMM NE CORNER OF LOT 20 IN BLK 16, W ALG N/L OF LOT 20 45.08 TO POB, W 29.66,Green Energy Efficient:1:Water Heater,2:Windows,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,Association Fee Frequency:Annually,M I A M I R E_ Internet Remarks:$CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES. ALMOST $100,000 IN FUTURE BOOKINGS!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-01-18,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,