Skip To Content

8061 Southgate Boulevard

North Lauderdale, FL 33068
  • $991,990
  • STATUS: Active
  • ON SITE: 147 Days
  • MLS #: A11664393
UPDATED: 27 min ago
$991,990
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,010
    SQFT
  • $982
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Ratings & Info

Description

**6.75% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd room (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA (community has total of 144 units). 4 units from the SAME seller have a NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75%..Monthly COA fee at Royale Gardens is just $355 and includes reserves! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS. ROOFS REPLACED IN 2022! Association allow immed renting & is investor-friendly. SELLERS CAN SPLIT UP THE 4 UNITS TO ACCOM BUYERS BUDGET One Unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.

Monthly Payment Calculator



Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-02-18T17:51:50.68.
www.bettersouthfloridahomes.com/homes/155685652
Print Image

8061 Southgate Boulevard North Lauderdale, FL 33068

  • Price: $991,990
  • Status: Active
  • On Site: 147 Days
  • Updated: 27 min ago
  • MLS #: A11664393
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,010
SQFT
$982
$/SQFT
1988
Built
Neighborhood:
Royale Gardens Condo
County:
Broward
Area:
Royale Gardens Condo
Property Description
**6.75% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd room (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA (community has total of 144 units). 4 units from the SAME seller have a NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75%..Monthly COA fee at Royale Gardens is just $355 and includes reserves! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS. ROOFS REPLACED IN 2022! Association allow immed renting & is investor-friendly. SELLERS CAN SPLIT UP THE 4 UNITS TO ACCOM BUYERS BUDGET One Unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.
Exterior Features

Architectural Style Other Construction Materials CBS Construction Lot Features 1/4 To Less Than 1/2 Acre Lot Parking Total 4 Pool Private YN No Roof Shingle View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 1010 Building Area Total 1010 Cooling Central Air Flooring Tile Heating Central Heating YN Yes Stories 2

Property Features

Association Fee 390 Association Fee Frequency Monthly Association YN Yes Building Name ROYALE GARDENS CONDO Cooling YN Yes Documents Available Deposit HeldDeposit - Last Months RentDeposit - SecurityInvestment AnalysisCopy Of Lease(S) Horse YN No Listing Terms All CashConventional New Construction YN No Property Sub Type Quadruplex Public Survey Section 34 Rent Includes Pool MaintenanceTrash Collection Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 3473 Tax Year 2023 Type Of Association Condo Year Built Details Effective Year Built Zoning RM-10

Listing courtesy of Cutting Edge Investments & Realty Inc: .


Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-02-18T17:51:50.68.
 
https://bt-photos.global.ssl.fastly.net/miami/orig_boomver_1_A11664393-2.jpg https://bt-photos.global.ssl.fastly.net/miami/orig_boomver_1_A11664393-2.jpg https://bt-photos.global.ssl.fastly.net/miami/orig_boomver_1_A11664393-2.jpg
Logo
United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323