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Sold for $725,000
  • $725,000

    7910 Colony Cir N, Fort Lauderdale, FL 33321

    3beds
    4baths
    949sqft
    Quadruplex
    Built in 1975
    -- sqft lot
    $251,600 Zestimate®
    $764/sqft
    $1,927 Estimated rent

    Home value

    $251,600

    $204,000 - $309,000

    $1,927/mo

    Zestimate® history
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    $1,927/mo

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    $5,560/mo

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    $5,560/mo

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    What's special

    **6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitchell Lvovsky 954-547-1962,

    Cutting Edge Investments & Realty Inc

    Bought with:

    Andrea Estefany Roncallo Villa

    Encore International Realty LLC

    Source: MIAMI,MLS#: A11543690MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 949
    • Total interior livable area: 949 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Stories: 2
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 494109CB1690
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex
    Materials
    • CBS Construction
    • Roof: Shingle
    Condition
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Versailles Gardens Condo
    HOA
    • Has HOA: Yes
    • HOA fee: $509 monthly
    Location
    • Region: Fort Lauderdale

    Financial & listing details

    • Price per square foot: $764/sqft
    • Annual tax amount: $3,147
    • Date on market: 3/4/2024
    • Listing terms: All Cash,Conventional
    • Total actual rent: 97512

    Price history

    DateEventPrice
    5/21/2024Sold$725,000-6.5%$764/sqft
    Source: MIAMI #A11543690 Report a problem
    5/2/2024Pending sale$775,000$817/sqft
    Source: MIAMI #A11543690 Report a problem
    4/23/2024Contingent$775,000$817/sqft
    Source: MIAMI #A11543690 Report a problem
    4/9/2024Price change$775,000-20.5%$817/sqft
    Source: MIAMI #A11543690 Report a problem
    3/4/2024Listed for sale$975,000$1,027/sqft
    Source: MIAMI #A11543690 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33321

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $251,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $251,600