5807 25th St ,Apartments for Sale & Rent

5807 25th St for Sale & Rent

Price $2,990,000.00

• Lot size 12754
• Year Build 1955
• Waterfront
• Zip 33023
• Style
• Parking Description Shared Parking
• Pool Yes
• Status Active

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.

WEST HOLLYWOOD HILLS 6-25 B LOTS 23 TO 26 BLK 16

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.

City:West Park,Zoning:TOC,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Tile,Latitude:25.9880961,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,List Price:2990000,Listing Id:A11662862,Longitude:-80.2030995,Mls Status:Active,Year Built:1955,Postal Code:33023,Street Name:25th St,Coordinates:1:25.9880961,Photos Count:32,Days On Market:122,Listing Terms:1:Conventional/Refinance,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3090,On Market Date:2024-09-19,Parcel Number:514124031940,Property Type:Commercial Sale,Stories Total:1,Street Number:5807,Public Remarks: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.,County Or Parish:Broward County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4049,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:32617,Unparsed Address:5807 SW 25th St, West Park FL 33023,Listing Agreement:Exclusive Right To Sell,Building Area Total:5718,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:12754,Number Of Buildings:1,Original List Price:3200000,Previous List Price:3200000,Public Survey Range:51,Documents Available:1:Photos,2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Financial Data Source:1:Owner Provided,Listing Contract Date:2024-09-19,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Call Listing Agent,Street Number Numeric:5807,Tax Legal Description:WEST HOLLYWOOD HILLS 6-25 B LOTS 23 TO 26 BLK 16,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2024-09-19,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,