Tuesday, August 29, 2023

5221 SW 40th Ter, Davie, FL 33314

Only $569,900

(NOT ON THE MLS)


Only available Duplex within 2 miles 

or


Duplex

2/1 & 2/1

Property Use:
Use Code: 08 / MULTIFAMILY 2-9 UNITS

Land Use:
Multifamily 2-9 Units (08)

Zoning: RD-8000

Lot Size: 0.1715 acres / 7,472 sf

Living area: 1,848

Built: 1970

2022 taxes: $6,448.68

Annual Insurance: $4,400 (both units)
 
~ Buy and Hold or Flip~

Located in the ''Broward Gardens'' Subdivision.

Unit #1 - 2/1
Rented for $1,130 (Renewed Lease starts September 2023 and ends in September 2024. 
New kitchen and cabinets (appliances are Stainless Steel)
Flooring was done 2 years ago
The building was painted 4 years ago. Both Buildings are Identical in everything.


unit #2 - 2/1
Rented out for $1,230 (Lease expires June 2024
New kitchen and cabinets (appliances are Stainless Steel)
Flooring was done 2 years ago
The building was painted 4 years ago. Both Buildings are Identical in everything.

Local rents for 2/1 rent up to $2,300 a unit.

 The roof is 4 years old, Kitchen and cabinets were done 5 years ago. Both units have their own electric and water meters (tenants pay utilities and garbage. 

Each Unit has its Utility Room, where they have a Washer and Dryer hookups. Washer and Dryers are Tenants owned, for all Units

(4071 SW 51st Street Unit#1-2, Fort Lauderdale, FL 33314) - Sold Comp for 680k)

This Duplex is located at the end of a cul-de-sac beside (5241 SW 40th Ter - also for sale) 

25-minute drive to Dania Beach, near Fort Lauderdale Int Airport, Port Everglades

Great possibility for Airbnb

Occupied, call for showing!

Call JC at 954-477-1466 for more info. 



UNIT 1