8061 Southgate Boulevard, North Lauderdale, FL 33068
- $690,000
- 1,010
- SqFt
- Sold Price
- $690,000
- List Price
- $757,500
- Days on Market
- 183
- Closing Date
- May 01, 2025
- MLS#
- A11664393
- Sq. Ft
- 1,010
- Subtype
- Triplex
- County
- Broward
- Subdivision
- Royale Gardens Condo
- Year Built
- 1988
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
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Additional Information
- Hoa
- Yes
- Hoa Amount
- 390
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Roof
- Shingle
- Taxes
- $3,473
- Utilities
- Cable Not Available
- Stories
- 2
- Price Per Sqft
- $683
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Listing courtesy of Cutting Edge Investments & Realty Inc. Contact:
Selling Office: Miami New Realty.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Mitchell Lvovsky | Email: mlvovsky89@gmail.com