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About This Property
Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
Property Features
County
Broward County
Section
Area
4009
Subdivision
DORSEY PARK FIRST ADD
Interior
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Bedrooms
Floors
Tile, Wood
Full Baths
Appliances
Heating
Electric, Gas, Heat Pump/Reverse Cycle, Window/Wall
Style
One Story
Garage Spaces
Construction/Exterior
Concrete Block Construction, CBS Construction, Stucco
Patio / Deck Description
Exterior
Barbeque
Has a Pool
Possession
Funding, Long Closing Preferred, Negotiable
Lot Size in Acres
0.26
Water
Public
Sewer
Public Sewer, Public Sanitation, Sewer
Lot Size in Sq. Ft.
11300
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Flat Tile, Flat Roof With Facade Front
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
No, Yes
Property SubType 2
Quadruplex
Tax Year
2025
Year Built
1957
Tax Amount
$21674
APN
NA
Square Feet Source
NA
Map
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