Bought with Champagne & Parisi Real Estate
$2,700,000
$3,000,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Baths
8,206 SqFt
SOLD DATE : 03/21/2022
Key Details
Sold Price $2,700,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 8,206 sqft
Price per Sqft $329
Subdivision Boca Raton Hills
MLS Listing ID RX-10723985
Sold Date 03/21/22
Construction Status Resale
Year Built 1975
Annual Tax Amount $15,129
Tax Year 2020
Lot Size 0.780 Acres
Property Description
Boca Dupes3 duplexes with extra land in back. Great development play. Located by downtown Boca.totally renovated hurricane impact washer/dryer in every unit Ample parking.extra land in rear of property.fire sprinklers.Collect on net lease for the next 8 years whilst preparing for a redevelopment/density increase.Rent = $15,400 /mo = $184,800 / yearTaxes = $15,129Insurance = $11,394NOI = $158,2773% annual bumpsBldg 1- two 2bed 2 bathBldg 2- one 3bed 2 bath and one 2bed 2 bathBldg 3- two 3bed 2 bath
Location
State FL
Zoning R2(cit
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Tile
Fireplaces Type Smoke Detector, Sprinkler
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type S-Tile
Building
Story 100.00
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
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