Showing posts with label 5241 SW 40th Ter. Show all posts
Showing posts with label 5241 SW 40th Ter. Show all posts

Tuesday, August 29, 2023

5241 SW 40th Ter, Davie, FL 33314 (end of cul-de-sac)


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: 1,935

Built: 1970

2022 taxes: $6,439.92

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

Located in the ''Broward Gardens'' Subdivision.

Unit #1 - 2/1
Rented for $1,250 (Renewed Lease starts October 2023 and ends in Oct 2024. THIS UNIT IS UNDER SECTION 8)
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 $1,260 (Renewed Lease for October 2023 - expires Oct 2024 NOT section 8)
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 3 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 (5221 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.