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Image 1 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Image 2 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Image 3 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Image 4 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Image 5 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Image 6 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Image 7 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Image 8 - 7917 Southgate Boulevard, North Lauderdale, FL 33068, USA - House for sale

Home For Sale In North Lauderdale, Florida

7917 Southgate Boulevard, North Lauderdale, FL 33068, USA

Home For Sale In North Lauderdale, Florida

house for sale

Listed: 03/11/24

7917 Southgate Boulevard, North Lauderdale, FL 33068, USA

Studio Bed:

1,010 Sq Ft Living Area:

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Price

$ 3,27M

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About This House

6.5-7% CAP RATEIntroducing a 14 Unit Bulk Condo Portfolio Sale- 13 of 14 units are 2/2's and 1 unit is a1/1.5. 9Condos in Royale Gardens Condo in North Lauderdale and 5 Condos in Versailles Gardens Condo in Tamarac. All units are rented to Long-term tenants on annual leases and all units are well maintained. Many of the tenants are rented to Section 8 Tenants --- guaranteed rent ! NOI- $223, 000per year, Gross Rent Roll- $370, 032/Y, ROI- 6.8% Monthly COA fee at Royale Gardens is just $355 and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNSin high demand locations for rentals. BOTH Associations allow immediate renting and are investor-friendly (annual leases only!).

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North Lauderdale Housing & Living

Household Income

Median household income: $41,841

Number of households: 12,803

The average household income in North Lauderdale, FL declined from $42,035 to $41,841 in the past year. This data is an estimate based upon 12,803 households in North Lauderdale, FL.
The chart below presents how household income is distributed in North Lauderdale, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in North Lauderdale, FL compared to median property taxes around the country. The prevalent amount of property taxes in North Lauderdale, FL equals $800-$1,500 , which is less than the national average.