We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
lease term
1 to 3 years5,718 Sq Ft
0.29 Private Acres Exterior Space
Commercial
$32,617 Annual Tax
Built in 1955
MLS/Listing ID A11662862
1 Stories
Tile
Heating - Wall Units
Parking - Shared Parking
Built-Up
Cooling - Wall/window unit(s)
Listing Courtesy of FAUSTO COMMERCIAL REALTY CONSULTANTS INC, ELIOR LEVI - 954-743-7594
Source of Data: MIAMI ASSOCIATION OF REALTORS