$737,750
Closed

132 SE 2 terrace

HALLANDALE BEACH, FL 33009
Type:Multi-Family
Structure:3 Family
Zone:Commercial

Description

INVESTOR DREAM, BIG LAND FOR FUTURE DEVELOPMENT - GREAT INCOME, INCREDIBLE LOCATION, LOCATION SUPER NICE & ATTRACTIVE CORNER 14,053 SF Land, Building 2,101 SF
POSSIBILITY TO BUILD A BRAND NEW LUXURY APARTMENT BUILDING IN THIS BIG CORNER LAND.
POSSIBILITY TO OPERATE IT AS A AIRBNB FOR HIGHER RETURNS, LOCATION, LOCATION. LOCATION.!!!
INCOME:
Apt. #1: (1Be/1Ba) = $1,500/month
Apt. #2: (1Be/1Ba) = $1,900/month
Apt. #3: (Efficiency) =$1,200/month
Apt. #4: (Studio) =$1,050/month
Garage: = $450/month
Total GROSS INCOME=$6,100/month
Yearly GROSS Income= $73,200/year
EXPENSES:
Property Taxes 2022 = $8,055.20/year
Water/Sewer/Trash, Electrical =$5,700.00/year
Total Yearly Expenses: =$13,755.20/year
Net Operating Income =$59,444.80/year

Location

Sunshine Group InternationalSunshine Group International
OR