7710 10th St #1-4 ,Detached, Quadruplex, Lauderdale North Park Sec for Sale

7710 10th St #1-4 for Sale

Price $750,000.00

• Lot size 3732
• Year Build 1974
• Waterfront
• Zip 33068
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Well-maintained 4-unit multifamily property situated on a 9,017 SF lot in a strong rental pocket. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7,100/month in actual rental income, with market rent potential of $7,600/month. The property produces $85,200 in gross annual income, with a current NOI of $42,621 and market NOI of $48,621, yielding a cap rate of 5.68%. Utilities are shared across all units (not separately metered), keeping operational costs straightforward. With a proven rental history, stable long-term tenants, and clear income growth potential, this asset presents a solid opportunity for investors seeking a cash-flowing property with value-add upside and long-term appreciation. Do not disturb tenants. Showings by appointment only.

Submit all offers to: theinvestmentpropertygurus@gmail.com. Per owner?s request, do not disturb tenants. Showings can only be accommodated with an executed contract or active backup offer. This property is part of a portfolio package. Portfolio details available via the attached documents (see attachments).

LAUDERDALE NORTH PARK SEC 3 72-39 B LOT 5 BLK 12

Less Than 1/4 Acre Lot

Well-maintained 4-unit multifamily property situated on a 9,017 SF lot in a strong rental pocket. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7,100/month in actual rental income, with market rent potential of $7,600/month. The property produces $85,200 in gross annual income, with a current NOI of $42,621 and market NOI of $48,621, yielding a cap rate of 5.68%. Utilities are shared across all units (not separately metered), keeping operational costs straightforward. With a proven rental history, stable long-term tenants, and clear income growth potential, this asset presents a solid opportunity for investors seeking a cash-flowing property with value-add upside and long-term appreciation. Do not disturb tenants. Showings by appointment only.

City:North Lauderdale,Zoning:RM-10,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:26.2163828,Cooling Y N:1,Heating Y N:1,List Price:750000,Listing Id:A11844934,Longitude:-80.2300895,Mls Status:Active,Year Built:1974,Living Area:3732,Postal Code:33068,Street Name:10th St #1-4,Coordinates:1:26.2163828,Photos Count:28,Building Name:LAUDERDALE NORTH PARK SEC,Days On Market:17,Listing Terms:1:Conventional,2:FHA,3:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:3642,M L S Area Major:Lauderdale North Park Sec,On Market Date:2025-07-22,Parcel Number:494102030330,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:7710,M I A M I R E_ Style:Fourplex,Public Remarks:Well-maintained 4-unit multifamily property situated on a 9,017 SF lot in a strong rental pocket. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7,100/month in actual rental income, with market rent potential of $7,600/month. The property produces $85,200 in gross annual income, with a current NOI of $42,621 and market NOI of $48,621, yielding a cap rate of 5.68%. Utilities are shared across all units (not separately metered), keeping operational costs straightforward. With a proven rental history, stable long-term tenants, and clear income growth potential, this asset presents a solid opportunity for investors seeking a cash-flowing property with value-add upside and long-term appreciation. Do not disturb tenants. Showings by appointment only.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Keller Williams Realty SW,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3235,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:LAUDERDALE NORTH PARK SEC,Tax Annual Amount:16659,Total Actual Rent:85200,Unparsed Address:7710 SW 10th St #1-4, North Lauderdale FL 33068,Listing Agreement:Exclusive Right To Sell,Operating Expense:42579,Year Built Details:Resale,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:200.9646,Original List Price:890000,Previous List Price:890000,Public Survey Range:49,I D X Participation Y N:1,Net Operating Income:42621,Number Of Units Total:4,Syndication Remarks:Well-maintained 4-unit multifamily property situated on a 9,017 SF lot in a strong rental pocket. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7,100/month in actual rental income, with market rent potential of $7,600/month. The property produces $85,200 in gross annual income, with a current NOI of $42,621 and market NOI of $48,621, yielding a cap rate of 5.68%. Utilities are shared across all units (not separately metered), keeping operational costs straightforward. With a proven rental history, stable long-term tenants, and clear income growth potential, this asset presents a solid opportunity for investors seeking a cash-flowing property with value-add upside and long-term appreciation. Do not disturb tenants. Showings by appointment only.,Listing Contract Date:2025-07-22,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:See Broker Remarks,Street Number Numeric:7710,Tax Legal Description:LAUDERDALE NORTH PARK SEC 3 72-39 B LOT 5 BLK 12,Public Survey Township:49,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:4-unit multifamily! All 2/1s earning $7,100/mo. 7.6% cap, shared utilities. Great income play with room to grow!,Contract Status Change Date:2025-07-22,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:200.96,