1 month on rocket

8061 Southgate Blvd, North Lauderdale, FL, 33068

$999,990

Home List Price

$10,000*

Closing Credit

0 Baths
1,010 SqFt
$990/SqFt
Multi

Location

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8061 Southgate Blvd, North Lauderdale$999,990

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1988
HeatingCentral
CoolingCentral Air
MLS #A11664393
StatusActive

About 8061 Southgate Blvd

**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 bedroom (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 5 UNITS TO ACCOM BUYERS BUDGET AS EACH CONDO HAS IT'S OWN FOLIO.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1988
  • Stories: 2
  • Living Area: 1,010 SqFt

Listing Office:

  • Office Name: Cutting Edge Investments & Realty Inc
  • Office Phone: (954) 547-1962
  • Listing Agent: Mitchell Lvovsky

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 8061 Southgate Blvd
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,990
  • Price Per SqFt: $990/SqFt

HOA Fees:

  • Amount: $355
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in North Lauderdale, FL.

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North Lauderdale, FL

City

Med. Sold Price

$350.5K

Med. Price/SqFt

$263

Avg. Days On Market

32

# of Sold Homes

16

8061 Southgate Blvd vs North Lauderdale

50 DAYS ON ROCKET

+18 Days

$999,990

+$649.4K More

$990/SqFt

+$726 More

KEY TAKEAWAY

This property is $649.4K more than the Median Sold Price and $726/SqFt more than other homes in North Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11664393

Listing Office:

  • Office Name: Cutting Edge Investments & Realty Inc
  • Office Phone: (954) 547-1962
  • Listing Agent: Mitchell Lvovsky

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-278205
5
/10

  • Morrow Elementary School

  • 408 SW 76th Ter

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-278206
5
/10

  • North Lauderdale PK-8 School

  • 7500 Kimberly Blvd

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-278207
8
/10

  • Panacea Preparatory Charter School

  • 201 N University Dr

  • 1.05 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,783. Residents of North Lauderdale, FL typically earn between $35k-100k each year. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›North Lauderdale›33068›8061 Southgate Blvd

This home is located at 8061 Southgate Blvd in North Lauderdale, FL and zip code 33068. This 1,010 square foot home was built in 1988. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $999,990.

Over 9 listings were sold over their listed price in October 2024 in North Lauderdale, FL. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price. Between September 2024 and October 2024, North Lauderdale, FL real estate market has seen increase in the number of listings by 7.1%. In October 2024 median list price was $350,500 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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