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17 unit multifamily gem located in West Park

5807, Southwest 25th Street, Carver Ranches, West Park, Broward County, Florida, 33023, United States
5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park 5807 SW 25th St West Park
  • Multi-family
  • Property Type
  • 17
  • Units
  • 5,718
  • ft²
  • 12,754
  • Lot ft²
For Sale
17 unit multifamily gem located in West Park
5807, Southwest 25th Street, Carver Ranches, West Park, Broward County, Florida, 33023, United States

Details

Updated on November 23, 2024 at 1:33 am
  • Property ID: FC-5807 SW 25th St
  • Price: $3,200,000
  • Property Size: 5,718 ft²
  • Land Area: 12,754 ft²
  • Units: 17
  • Property Type: Multi-family
  • Property Status: For Sale

Description

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 441. This fully 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 kitchens, stylish bathrooms, and recessed lighting.

The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income is generated 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% going in cap rate! This property has even more upside with the potential to increase returns by adjusting rents to market rates.

Property Documents

5807 SW 25TH ST-ELEVI-FLYER
  • Address 5807, Southwest 25th Street, Carver Ranches, West Park, Broward County, Florida, 33023, United States
  • State/county Broward County
  • Zip/Postal Code 33023

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