$1,030,000
Miramar, FL 33023
MLS# A10963042
Status: Closed
6864 sqft
1 / 15
Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2020-11-26
Status: Closed
Original List Price: 1369900
Sold Price: $1,030,000
Current Price: $1,030,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Miramar
Postal Zip: 33023
Development Name: GENERAL INFORMATION
Geographic Area: NE41 - North Broward Turnpike To 441 (3511-3524)
Subdivision Number: 3
Special Assessment YN: No
Flood Zone: AH
Country: United States
Street Number: 3019
Street Direction Prefix: SW
Street Name: 68th
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33023
Postal Code +4: 3779
Subdivision Name: MIRAMAR SEC 3
Area: 3190
Elementary School: Miramar
Middle Or Junior School: New Renaissance
High School: Miramar
Parcel Number: 514126030720
Zoning: COMMERCIAL
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 6864
Living Area Main: 6864
Parking Total: 20
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 6864
Year Built: 1979
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2021-06-01T10:24:26Z
Major Change Type: Status Change
Price Change Timestamp: 2021-02-05T22:06:19Z
Status Change Date: 2021-06-16
Under Contract Date: 2021-04-15
Close Date: 2021-06-01
Close Price: 1030000
Electric
Circuit Breakers: 1
Exterior Features
Lighting: 1
Flooring
Carpet: 1
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Foreign Seller: 1
Corporate Owned: 1
Documents Available
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Existing Survey: 1
Rent Rolls: 1
Service Contracts: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Window/Wall: 1
Zoned: 1
Window Features
Rods: 1
Construction Materials
CBS: 1
Stucco: 1
Green Indoor Air Quality
Ventilation: 1
Laundry Features
Outside: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Fruit Tree(s): 1
Roof
Other: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 172427
Total Expenses: 40814
Cooling
Ceiling Fan(s): 1
Zoned: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Porch: 1
Balcony Details
Balcony - Open: 1
Porch Details
Porch - Open: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33023
Concessions
Seller Concessions: No
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 4750
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Fire Sprinklers: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Separate Dining: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1275
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 3 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 1850
Baths Full: 3
Beds Total: 4
Efficiency YN: No
Furnished: Unfurnished
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 4 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 1275
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Parking Features
Open Parking: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Price Calculations
Current Price To SqFt: 150.06
Section Details
Parcel Number MLX: 0720
Financial Information
Tax Annual Amount: 15861
Tax Year: 2020
Tax Legal Description: MIRAMAR SEC 3 41-22 B LOT 13,14 BLK 23
Originating Details
Originating System Key: 352954707
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Existing Survey; Rent Rolls; Service Contracts
Electric: Circuit Breakers
Exterior Features: Lighting
Flooring: Carpet; Tile
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: CBS; Stucco
Cooling: Ceiling Fan(s); Zoned
Green Indoor Air Quality: Ventilation
Heating: Central; Separate Meters; Window/Wall; Zoned
Laundry Features: Outside
Listing Terms: Cash; Conventional
Lot Features: Fruit Tree(s)
Possession: Negotiable
Roof: Other
Sewer: Public Sewer
Special Information: Foreign Seller; Corporate Owned
Tax Information: City/County
Utilities: Cable Available
Water Source: Public
Window Features: Rods
Outdoor Living Spaces: Balcony; Patio; Porch
Balcony Details: Balcony - Open
Porch Details: Porch - Open
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen; Separate Dining
Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Parking Features: Open Parking
Contingencies: None
Listing Office: Real Broker LLC
Last Updated: August - 11 - 2026
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