5511 SW 20th St - Apartments FOR SALE


West Park, FL 33023
$1,800,000 USD
954-776-5400
5511 SW 20th St, West Park, FL for Sale
$1,800,000 USD
Apartments - FOR SALE
1/17
null | 6.83% Cap Rate

5511 SW 20th St
West Park, FL 33023


HIGHLIGHTS

  • This turnkey investment opportunity is conveniently located near major highways, including Florida Turnpike and I-95.
  • Completely renovated property featuring a modern layout and premium appliances.
  • Located on a large lot, offering excellent development opportunities for expansion or additional income-generating units.

OVERVIEW

An Outstanding Multi-Family Investment Opportunity! This fully renovated 8-unit apartment building is the perfect addition to savvy investors' portfolios. Property Breakdown: 4 spacious 2-bedroom/1-bath units and 4 modern 1-bedroom/1-bath units. Upgrades Galore: High-end kitchen cabinets, stainless steel appliances, and modern floor plans. This property produces solid rental income and has an on-site laundry facility that generates additional cash flow. Property Features: Fully fenced lot with dedicated parking spaces for tenants' convenience. Future Potential: Located on a large lot, offering excellent development opportunities for expansion or additional income-generating units. This turn-key investment opportunity is in a highly desirable location.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$415 USD /SF

# OF UNITS

8

PRICE/UNIT

$225,000

CAP RATE

6.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

R-1C

APN/PARCEL ID

51-42-19-02-2460

ASK ABOUT THIS PROPERTY

Miosotis JonesCentury 21 Hansen Realty IncMore Info
954-776-5400

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Miosotis JonesCentury 21 Hansen Realty IncMore Info
954-776-5400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.