Price Reduced 7.02%

$1,390,000 ($426.64 per sqft)

Est. Mortgage $7,398/mo *

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Price History

$1,495,000
5/14/2024

$1,390,000
5/31/2024

1962

3,258 sqft

AMAZING INVESTMENT IN EXCELLENT AREA NEAR THE BEACH SURROUNDED BY EXPENSIVE HOMES!! RESORTSTYLE AND COMPLETELY REMODELED AND FURNISHED UNITS ALWAYS IN HI DEMAND BECAUSE OF THE POOL AND THE LOCATION. GREAT FOR YEARLY RENTALS AND EVEN BETTER FOR AIR BNB. OWNERS HAVE DECIDED TO MAKE IT AS SHORT-TERM RENTALS MANAGED BY VACASA. MANAGEMENT CONTRACT CAN BE CANCELED WITH 90 DAY NOTICE. THE MENTIONED $ 2750 PER MONTH INCOME PER UNIT IS ESTIMATED AS LONG TERM 1 YEAR RENT. THE PROPERTY IS ALWAYS BUSY BECAUSE OF POOL AND LOCATION. PLEASE DONT DESTURB TENANTS/GUESTS. NEW ELECTRIC PANELS UP TO CODE. HURRICANE SHUTTERS, BERMUDA ROOF HIGHLY RESISTANT TO HURRICANES WITH CERTIFICATION FROM ENGENEERING FIRM.

Status:

Active

Type:

Multi-family

Zoning:

RMM-25

Subdivision:

CORAL RIDGE ISLES

Heating:

Central

Cooling:

Central Air

Parking:

6-car

Est. Taxes:

$14,227

Construction

Block

Utilities

Cable Available

Lot Description:

Corner Lot,1/4 to 1/2 Acre Lot

Days on Market:

17

Pool:

In Ground, Pool

MLS #:

A11587841

Community Info

School Info

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Listing courtesy of FIP Realty Services, LLC Phone: 786-463-4977