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6.3% Cap Rate. Rare income-producing opportunity in Coral Ridge. Three luxury 4BR + den townhomes - each with a private pool, 1200 SF rooftop terrace, and Thermador kitchen - offered together as a single turn-key multifamily investment immediately adjacent to the Coral Ridge Country Club. Combined under-air and rooftop area totals 14,650 SF. Previously sold individually, the units now generate $55
6.3% Cap Rate. Rare income-producing opportunity in Coral Ridge. Three luxury 4BR + den townhomes - each with a private pool, 1200 SF rooftop terrace, and Thermador kitchen - offered together as a single turn-key multifamily investment immediately adjacent to the Coral Ridge Country Club. Combined under-air and rooftop area totals 14,650 SF. Previously sold individually, the units now generate $552,000 in combined gross income and $473,500 in Net Operating Income. Offered at $7,499,000 - an ideal opportunity for investors seeking a stabilized, cash-flowing asset in one of Fort Lauderdale’s most established addresses.
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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