6014 SW 40th St
Miramar, FL 33023
- – beds
- – baths
- – sqft
- 5,105 sqft lot
- – on site
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OVER 50% OFF Market Value! Build up to 4-8 units! Ask me how! Zoned MH in the TOC zone. Build 4-6 stories high! Unlimited density! Build as many units as you can fit! Build mixed use or just multifamily. Multifam lots in the area sell for $25k-$30k per buildable unit. That gives this property a current market value of $200k-$240k. 2/1 units rent for $1,300/mo. New units could rent for $1,500/mo. Potential gross monthly income of up to $12k! $144k/yr! Avg cap rate in Broward is 6.88%. Sell at 6.88% cap for $2M+! You can also build "Micro-Units". Build a tiny building very inexpensively and max out your return on investment. Call Listing Agent to discuss all details; I'm happy to explain.
Listing courtesy of GFLR / United Realty Group Inc
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Last updated Apr 13, 2024
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MLS# F10144282 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/13/18
Nov 13, 2018
|
Sold | GFLR | $95,000 | -4.9% |
10/5/18
Oct 5, 2018
|
Listed / Active | GFLR | $99,900 | |
7/25/18
Jul 25, 2018
|
Listed / Active | GFLR |