2760 NW 58th Ter
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2760 NW 58th Ter
3,480 SF Specialty Building Offered at $895,000 at a 8.50% Cap Rate in Fort Lauderdale, FL 33313
Executive Summary
Triplex (3 units each 3beds 2 full bath)As is property in good condition all accordion shutters and front windows from living room are impact.
All units are occupied by Section8 tenants. the price for lease renewal for that zip for 3 beds by Section8 is $2700-$2800 per month.
3 other Triplex buildings are available for sale, please contact for more details.
Separate water meters, tenants pay all the utilities.
DO NOT DISTURB TENANTS
showing will be available for serious buyers only with a written offer and proof of funds.
All units are occupied by Section8 tenants. the price for lease renewal for that zip for 3 beds by Section8 is $2700-$2800 per month.
3 other Triplex buildings are available for sale, please contact for more details.
Separate water meters, tenants pay all the utilities.
DO NOT DISTURB TENANTS
showing will be available for serious buyers only with a written offer and proof of funds.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$90,000
|
$18.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$90,000
|
$18.90
|
| Taxes |
$12,241
|
$2.57
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,241
|
$2.57
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $90,000 |
| Annual Per SF | $18.90 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $90,000 |
| Annual Per SF | $18.90 |
| Taxes | |
|---|---|
| Annual | $12,241 |
| Annual Per SF | $2.57 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $12,241 |
| Annual Per SF | $2.57 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $895,000 | Building Class | C |
| Price Per SF | $257 | Lot Size | 0.19 AC |
| Sale Type | Investment or Owner User | Building Size | 3,480 SF |
| Cap Rate | 8.50% | No. Stories | 1 |
| Sale Conditions | 1031 Exchange | Year Built | 1974 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Residential Income | Parking Ratio | 1.72/1,000 SF |
| Price | $895,000 |
| Price Per SF | $257 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.50% |
| Sale Conditions | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,480 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Tenancy | Single |
| Parking Ratio | 1.72/1,000 SF |
1 of 1
zoning
| Zoning Code | RM-18 |
| RM-18 |
-
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2760 NW 58th Ter
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