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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,534 sqft
Price per Sqft $205
Subdivision Oriole Estates Sec 8
MLS Listing ID A11970170
Sold Date 05/15/26
Style Fourplex
HOA Y/N No
Year Built 1972
Annual Tax Amount $14,249
Tax Year 2025
Contingent Other
Property Sub-Type Quadruplex
Property Description
Well-maintained 5-Unit Multifamily – 100% Occupied. Excellent opportunity to acquire a stabilized, income-producing asset with 100% occupancy and strong rental history. This well-maintained 5-plex offers stable cash flow with long-term tenants in place and upside potential in rents where below market. All units have their own electric meter. Property improvements include a new roof (2021), updated main electrical distribution panel (2024), updated subpanels, and upgraded PVC plumbing, and newly asphalted parking lot. Unit mix includes 3- 2/1 and 1-2/2 and 1 efficiency currently leased at $1,000/month. Additional opportunity for income: Laundry connections and assigned parking spaces. This is a solid, turnkey multifamily investment with value-add opportunities and strong fundamentals. ZONE RM-16 & TAX INCENTIVE OPPRTUNITY ZONE. 50 YEAR INSPECTION COMPLETED.
Location
State FL
County Broward
Community Oriole Estates Sec 8
Area 3550
Interior
Heating Other
Cooling Central Air, Zoned
Flooring Laminate, Tile
Window Features Impact Glass
Exterior
Exterior Feature Fence, Patio, Shed
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Porch Patio
Total Parking Spaces 8
Private Pool No
Building
Lot Description < 1/4 Acre
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Structure Type Block
Others
Tax ID 494219152173
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash
Special Listing Condition Listed As-Is
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Milton Knight
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675