$507,500
Miramar, FL 33023
MLS# A10812003
Status: Closed
3237 sqft
1 / 16
Property Description
8% CAP STABILIZED CAP RATE! Income producing Fourplex in Miramar just south of the North Perry Airport. Property is 100% leased. Some interior units have been upgraded with new paint, appliances, kitchens and bathrooms. Tenants are responsible for their utilities - owner/landlord pays water/trash/sewer. First, last and security collected for all tenants, no sec-8. Property can be sold individually or with a second Fourplex located at 7613 Venetian Street, see MLS # TBA for reference. Property is roughly 5 miles from downtown Hollywood's Central Business District. Close proximity to I95, FL-Turnpike, I595, Port Everglades, Fort Lauderdale-Hollywood International Airport and Miami. E-mail the listing agent for Offering Memorandum and additional information.
Details
Maps
Contract Information
Comp Sale YN: No
Owner Phone: WITHHELD
Listing Date: 2020-02-04
Status: Closed
Original List Price: 525000
Sold Price: $507,500
Current Price: $507,500
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Miramar
Postal Zip: 33023
Development Name: FOURPLEX
Geographic Area: HWSW - Hollywood South West (3990, 3190)
Subdivision Number: 4
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 7601
Street Name: Venetian
Street Suffix: Street
State Or Province: FL
Postal Code: 33023
Postal Code +4: 7811
Subdivision Name: MIRAMAR SEC 16
Area: 3190
Parcel Number: 514122040230
Zoning: RM-16
Directions: GPS: 7601 Venetian Street Miramar, Florida
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 3237
Lot Size Dimensions: 8244
Parking Total: 14
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3237
Year Built: 1964
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: FHA
Major Change Timestamp: 2020-05-12T23:31:40Z
Major Change Type: Status Change
Price Change Timestamp: 2020-03-26T00:53:47Z
Status Change Date: 2020-05-12
Under Contract Date: 2020-03-30
Close Date: 2020-05-12
Close Price: 507500
Electric
Circuit Breakers: 1
Exterior Features
Lighting: 1
Flooring
Tile: 1
Wood: 1
Other: 1
Property Condition
New Construction: 1
Updated/Remodeled: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Deposit - Security: 1
Investment Analysis: 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
Separate Meters: 1
Other: 1
Sprinkler Description
Other Sprinkler: 1
Water Access
None: 1
Construction Materials
Block: 1
CBS: 1
Laundry Features
Outside: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Road Frontage Type
West of US-1: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 55000
Total Expenses: 13000
Net Operating Income: 42000
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Storm Protection
Panel Shutters: Complete
Tax Information
Tax Reflects No Exemptions: 1
Buyer Details
Intended Use: Primary Residence
Buyer State: Florida
Zip Code: 33023
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 2250
Unit 1 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1050
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
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1100
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 3 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1375
Baths Full: 1
Beds Total: 2
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
Microwave: 1
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1100
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
Open Parking: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Section Details
Parcel Number MLX: 0230
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 9306
Tax Year: 2019
Tax Legal Description: MIRAMAR SEC 16 52-5 B LOT 23 BLK 147
Originating Details
Originating System Key: 342862470
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Investment Analysis
Electric: Circuit Breakers
Exterior Features: Lighting
Flooring: Tile; Wood; Other
Property Condition: New Construction; Updated/Remodeled
Structure Type: Multi Family
Construction Materials: Block; CBS
Cooling: Central Air
Heating: Separate Meters; Other
Laundry Features: Outside
Listing Terms: Cash; Conventional; Other
Possession: Negotiable
Road Frontage Type: West of US-1
Roof: Shingle
Sewer: Public Sewer
Sprinkler Description: Other Sprinkler
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Access: None
Water Source: Public
Showing Requirements: Appointment Only; Showing Service
Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Open Parking
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Native Realty Co.
Last Updated: August - 11 - 2026
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