5807 SW 25th St # 1-18, West Park FL 33023

Description of 5807 SW 25th St # 1-18, West Park FL 33023

We are pleased to present 5807 SW 25th St, a prime 18-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 17 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $204,000 annually! Offering a 6.83% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

Property Details for 5807 SW 25th St # 1-18, West Park FL 33023

Flooring

Other, Tile

Heating

Wall/Window Units

Cooling

Wall/Window Unit(s)

Parking Features

Shared Parking

Pool Private

No

Building Information for 5807 SW 25th St # 1-18, West Park FL 33023

Building Area Total

5718

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 5807 SW 25th St # 1-18, West Park FL 33023

Lot Size Square Feet

12,754

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Built-Up

Sewer

Public Sanitation

Water Source

Public

New Construction

No

Public Records for 5807 SW 25th St # 1-18, West Park FL 33023

Parcel Number

514124031940

Tax Annual Amount

$39,452

Tax Year

2,025

Tax Legal Description

WEST HOLLYWOOD HILLS 6-25 B LOTS 23 TO 26 BLK 16

Zoning

TOC

County Or Parish

Broward County

Location