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Sold for $690,000 on 05/01/25
  • $690,000

    8061 Southgate Blvd, Pompano Beach, FL 33068

    3beds
    2baths
    1,010sqft
    Triplex, Quadruplex
    Built in 1988
    -- sqft lot
    $683,200 Zestimate®
    $683/sqft
    $2,482 Estimated rent

    What's special

    **6.75% CAP RATE** Introducing a 3 Unit (previously listed as 4- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. Units are rented between 2350-2400 per month! Monthly COA fee at Royale Gardens is just $390 (per unit) 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% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 3 UNITS TO ACCOMODATE BUYERS BUDGET. One Unit is rented for $2400, 2 are rented for $2350

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2025 at 11:35am

    Listed by:

    Mitchell Lvovsky 954-547-1962,

    Cutting Edge Investments & Realty Inc

    Bought with:

    Paula Guida, 3173930

    Miami New Realty

    Source: MIAMI,MLS#: A11664393MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 1,010
    • Total interior livable area: 1,010 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Stories: 2
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 484134BA0031
    • Zoning: RM-10

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex, Quadruplex
    Materials
    • CBS Construction
    • Roof: Shingle
    Condition
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Pompano Beach
    • Subdivision: Royale Gardens Condo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $390 monthly

    Other

    Other facts
    • Listing terms: All Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $683,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $683,200