3019 68th Ter,Attached, Quadruplex, Quadruplex, Fourplex, Miramar Sec 3

3019 68th Ter, Miramar, Florida, 33023

Price $1,319,900.00

  • Lot size 6864
  • Year Build 1979
  • Waterfront
  • Zip 33023
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Pending

Description

Huge Price Reduction! TURN KEY READY - 7Plex with secure neighborhood. Great Opportunity for Investors. Amazing gross return nearly 8%. Easy access to highways, FL turnpike, schools, Publix, restaurants, and shopping plazas, etc. 0-1% vacancy rate in past few years. New water heaters are replaced in 4 of the units. Unit 1: Remodeled with New kitchen, Granite counter top, new water heater, freshly painted. Unit 1,2,6: Freshly painted remodeled with new baseboards. Unit 3: updated AV with new Freon. Unit 2: New Booster & Coil. Unit 7: New Stairs. Extra layer of protective coating on Roof. 4 units are 1b/1b. 2 units are 2b/1b. 1 unit is 4b/3b. Annual Rent Income (2020): $172,426.69. Annual Expense (2020): $40813.74 + $42197.64 (renovation) = $83011.38. Excellent lifetime investment.

Pictures are from Unit 7,unit 4.Showing is not allowed as its tenant occupied. Only unit 1&6 can be seen going through some updates so its empty.DO NOT KNOCK ON DOOR OR DONT DO TRESPASSING WITHOUT PERMISSION. Showing is allowed on subject to accepted offer. Inspection will be allowed only after accepted offer. send inquiries/offers to listings@kkluxuryhomes.com or Text to 954-234-2394.

MIRAMAR SEC 3 41-22 B LOT 13,14 BLK 23

Less Than 1/4 Acre Lot

Huge Price Reduction! TURN KEY READY - 7Plex with secure neighborhood. Great Opportunity for Investors. Amazing gross return nearly 8%. Easy access to highways, FL turnpike, schools, Publix, restaurants, and shopping plazas, etc. 0-1% vacancy rate in past few years. New water heaters are replaced in 4 of the units. Unit 1: Remodeled with New kitchen, Granite counter top, new water heater, freshly painted. Unit 1,2,6: Freshly painted remodeled with new baseboards. Unit 3: updated AV with new Freon. Unit 2: New Booster & Coil. Unit 7: New Stairs. Extra layer of protective coating on Roof. 4 units are 1b/1b. 2 units are 2b/1b. 1 unit is 4b/3b. Annual Rent Income (2020): $172,426.69. Annual Expense (2020): $40813.74 + $42197.64 (renovation) = $83011.38. Excellent lifetime investment.

City:Miramar,Zoning:COMMERCIAL,Cooling:1:Zoned,Heating:1:Window/Wall,2:Zoned,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Flooring:1:Tile,Latitude:25.982907,Malone Id:1041879223,Cooling Y N:1,Heating Y N:1,List Price:1319900,Listing Id:A10963042,Longitude:-80.223962,Mls Status:Pending,Year Built:1979,Living Area:6864,Possession:1:Negotiable,Postal Code:33023,Street Name:68th Ter,Contingency:No Contingencies,Coordinates:1:25.982907,Photos Count:24,Building Name:MIRAMAR SEC 3,Days On Market:106,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Miramar Sec 3,On Market Date:2020-11-26,Parcel Number:514126030720,Parking Total:20,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,4:Water,Stories Total:2,Street Number:3019,M I A M I R E_ Style:Fourplex,Off Market Date:2021-03-12,Public Remarks:Huge Price Reduction! TURN KEY READY - 7Plex with secure neighborhood. Great Opportunity for Investors. Amazing gross return nearly 8%. Easy access to highways, FL turnpike, schools, Publix, restaurants, and shopping plazas, etc. 0-1% vacancy rate in past few years. New water heaters are replaced in 4 of the units. Unit 1: Remodeled with New kitchen, Granite counter top, new water heater, freshly painted. Unit 1,2,6: Freshly painted remodeled with new baseboards. Unit 3: updated AV with new Freon. Unit 2: New Booster & Coil. Unit 7: New Stairs. Extra layer of protective coating on Roof. 4 units are 1b/1b. 2 units are 2b/1b. 1 unit is 4b/3b. Annual Rent Income (2020): $172,426.69. Annual Expense (2020): $40813.74 + $42197.64 (renovation) = $83011.38. Excellent lifetime investment.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2021-05-18,Standard Status:Pending,Window Features:1:Drapes,Living Area Units:Square Feet,Major Change Type:Pending,Postal Code Plus4:3779,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:MIRAMAR SEC 3,GENERAL INFORMATION,Tax Annual Amount:15861,Total Actual Rent:172427,Unparsed Address:3019 SW 68th Ter, Miramar FL 33023,Exterior Features:1:Fruit Trees,2:Exterior Lights,3:Open Balcony,Listing Agreement:Exclusive Right To Sell,Operating Expense:40814,Year Built Details:Resale,Building Area Total:6864,Building Area Units:Square Feet,Lot Size Square Feet:6864,M I A M I R E_ L P Amt Sq Ft:192.2931,Original List Price:1369900,Previous List Price:1369900,Public Survey Range:51,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,3:Service Contracts,4:Existing Survey,I D X Participation Y N:1,Number Of Units Total:7,Syndication Remarks:Huge Price Reduction! TURN KEY READY - 7Plex with secure neighborhood. Great Opportunity for Investors. Amazing gross return nearly 8%. Easy access to highways, FL turnpike, schools, Publix, restaurants, and shopping plazas, etc. 0-1% vacancy rate in past few years. New water heaters are replaced in 4 of the units. Unit 1: Remodeled with New kitchen, Granite counter top, new water heater, freshly painted. Unit 1,2,6: Freshly painted remodeled with new baseboards. Unit 3: updated AV with new Freon. Unit 2: New Booster & Coil. Unit 7: New Stairs. Extra layer of protective coating on Roof. 4 units are 1b/1b. 2 units are 2b/1b. 1 unit is 4b/3b. Annual Rent Income (2020): $172,426.69. Annual Expense (2020): $40813.74 + $42197.64 (renovation) = $83011.38. Excellent lifetime investment.,Listing Contract Date:2020-11-26,Originating System I D:miamire,Public Survey Section:26,Showing Instructions:See Broker Remarks,Street Number Numeric:3019,Tax Legal Description:MIRAMAR SEC 3 41-22 B LOT 13,14 BLK 23,Green Energy Efficient:1:Construction,2:Doors,3:HVAC,4:Lighting,5:Roof,6:Ventilation,7:Water Heater,8:Windows,Public Survey Township:51,Construction Materials:1:Stucco,Originating System Name:Miami Association of REALTORS?,Patio And Porch Features:1:Patio,Sub Agency Compensation:$10000,M I A M I R E_ Adjusted Area S F:6864,Contract Status Change Date:2021-03-12,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:$20000,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:$,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:192.29,Internet Automated Valuation Display Y N:1,

  • Price $1,319,900.00
  • Price Change: 2021-02-05
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1979
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction CBS Construction, Stucco
  • Parking Description
  • Flooring Type Carpet, Tile
  • Property Type Residential Income
  • Status Pending
  • Listed 2021-02-05
  • Days on Market 163
  • Furnished
  • City Miramar
  • Zip 33023
  • State Florida
  • Subdivision MIRAMAR SEC 3,GENERAL INFORMATION
  • Development Name MIRAMAR SEC 3, MIRAMAR SEC 3,GENERAL INFORMATION, Miramar Sec 3
  • HOA Fees
  • Taxes 15861
  • Taxes Year 2020