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8061 Southgate Boulevard

North Lauderdale, FL 33068
Closed

Property Description

**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

Property Details

Essential

  • StatusClosed
  • Days On Site623
  • Days To Sale220
  • MLS#A11664393
  • Property TypeResidential Income
  • Property Sub TypeTriplex
  • Number of Stories2.0
  • Property Size1,010 sqft
  • Lot SizeSquare Feet
  • Tax Amount$3,473
  • Tax Year2023
  • HOAYes
  • HOA Fee$390 Monthly
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026