8041 Southgate Blvd
North Lauderdale, FL 33068
$757,500
4 Price Changes
(-$ 1,492,500)
Active Under Contract
43+
$757,500
Active Under Contract
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
309
DOM
8041 Southgate Blvd
North Lauderdale, FL 33068
Beds, Baths, Condominium Sq.Ft.
**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.
Listing Summary
- Address 8041 Southgate Blvd
- City North Lauderdale
- County Broward
- Zip 33068
- Price $757,500
- Status Active Under Contract
- Subdivision
- Pets Allowed No
- MLS® # A11590788
- Property Type Commercial Sale
- Property Sub TypeCondominium
- Status Active Under Contract
- Square Feet
- Year Built 1988
- Waterfront No
- Maintenance Fees $390 Monthly
- Taxes $3,473
- Tax Year 2024
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11590788) is provided courtesy of (Cutting Edge Investments & Realty Inc). The information being provided is 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. Information is deemed reliable but not guaranteed. Data last updated on 04-04-2025. IDX powered by Realty Net Media