Broward Multifamily

RANCHO GRANDE. Rare property with 10.5 acres total. East of 441/Turnpike. Near Hardrock hotel and casino. 4 acres currently have income producing properties on them. There are currently 9 apartments/bungalows throughout this parcel. 6 of the 10.5 acres are labeled as agricultural and are currently used as equestrian area. The main home is 5 bedrooms/ 7 bathrooms. Potential to convert detached man cave and cabana rooms into additional apartments. Reflected cap rate and NOI are reflecting potential rents since some are vacant or rented at discount. The property has a commercial outdoor kitchen with massive pool and waterslide. 6 car garage. Exotic tropical fruit trees throughout. Brand new barn with 8 horse stables for additional income. CAN BE DIVIDED INTO TWO*MAKE UNIQUE OFFER

Hollywood Beach: Villa Hotel with Restaurant Cafe Beach Club in PRIME Location~Steps to the Beautiful Hollywood Broadwalk/Beach~Established Business~6 Units with 7 Bedrooms/7 Baths in Total~7 Kitchens, 4 Living Rooms, 1 Laundry, 1 Office, 2 Storage's which could Split and is Zoned for 12 Hotel Rooms~Tastefully Decorated on 2 Lots with a Beach Club Cafe~Perfect for Beach/Bar Cafe Restaurant Indoor/Outdoor for 140 Seat Restaurant. 500 Sq ft Covered Sidebar, and Sundeck Terrace. New Staircase, 1200 sq ft of Wraparound Balcony Terrace. 1500 sq ft Rooftop Terrace, all added in June! $3.2M All Cash Only $1M for business with Villa Hotel, Hookah lounge, Bar and ALL licensing included. Social media and Turnkey with 1 to 2 month training included. Projected revenue $350,000 this year.

Hollywood: Owning one of the most charming hotels in the area, with enormous upside potential. Currently in the middle of an Extensive Remodel. Rated # 1 on Trip Advisors ranking for B&B’s in Hollywood Beach, the Hotel counts on great Management already in place and working smoothly, generating passive income to owners. Repeated guests will continue to provide steady income, allowing owner to enjoy cash flow while property values in the area continue to raise. Strategic location. - 5 Minutes away to the Fort Lauderdale International Airport. Seller Motivated and Seller Financing Available Upon Request and Approval. Completion November 2018. Brand New Hotel. There are no previous financials.

Prospect Gardens: If you are looking for a perfect investment look no further, 11 3/2.5 1900 sqft low maintenance Mediterranean style townhomes. All the units have stainless appliances, granite counter tops, washer & dryer, plus each unit has it's very own garage. All impact windows and garage doors. 100% leased with long term tenants. The units are easy to rent at 1900/mo. The sale includes an empty lot that you could easily build a 12th townhome or a park for the complex. Awesome location, close to everything. All information herein is deemed to be accurate but not guaranteed.

6 INCOME PRODUCING UNITS WITH LAND TO DEVELOP AND BUILD 6 ADDITIONAL UNITS. COMPLEX HAS 7 TOTAL UNIT ALREADY BUILT (ONE UNIT SOLD).ALL UNITS 3 BR 2.5 BATHS AND 2 CAR GARAGE. UNITS ARE RENTED FOR 1,900 PER MONTH.PERMITS TO BUILD ARE ALREADY APPROVED BY CITY

Rare 12 unit (2 bed rooms) building walking distance to Las Olas Boulevards and down town fort Lauderdale. ALL 12 units have been renovated with new flooring, kitchens with granite counter top and s/s appliances, & bath rooms.

Montclair: The portfolio consists of 6 townhomes (5 located at Montclair Miramar and 1 located at Raintree Pembroke Pines). All units are 3 bedrooms and 3.5 baths, tri level townhomes, for a total of 12,212 of adjusted Sq Ft. Very functional units come with 2 attached car garage and top of the line appliances, granite counter tops, washer & dryer, and much more. Located near to New Miramar Town Center and close to mayor highways. Montclair is a great kept community recently SOLD OUT by Lennar Homes. Impact windows in all units. All units immaculate maintained and professionally managed by HOMERICH Property Management.

Victoria Isles: Income Waterfront property, Ocean Access, no fix bridges, 4 boat slips for yachts up to 55 feet in length, live-in allowed, dock recently re-done, assigned electric meters, all rented month by month. Widest canal on Hendricks Isles, surrounded by million dollar properties, one of the last reminding original properties, 3 lot parcel. New Roof under warranty, Central AC under warranty, newer appliances in all 4 units, consisting on 1 bed 1 bath with garage, 1 bed 1 bath with screened porch overlooking the canal and 2 efficiencies. Separate Laundry Room, plenty of parking, chance of a lifetime to own a piece of paradise, off Las Olas Blvd, bike to beach. Please see BROKER'S REMARKS, do not ask tenants questions, call or text me.

LOCATION, LOCATION, LOCATION, property located adyacent to the NEW COUNTRY CLUB LUXURY HOME AND GOLF COURSE DEVELOPING, good oportunity to an INVESTOR who overview the potential and location of this multifamily unit. Only serious inquires please.

20 units multi family. All units are fully renovated and fully leased. Great corner lot across the street from newly built firehouse. Very up and coming area with lots of new construction scheduled to take place within 500 ft on the same street. New construction will consist of mixed use retail, office and residential.

Hollywood Beach: FANTASTIC AND RARE OPPORTUNITY FOR INVESTORS TO OWN A 4-PLEX ON HOLLYWOOD BEACH. THE PROPERTY IS USED AS A VACATION RENTAL SUPER EASY TO RENT. COMPLETELY REMODELED INSIDE OUT, PRIVATE POOL WITH INTRACOASTAL VIEWS AND STEPS AWAY FROM THE BEAUTIFUL HOLLYWOOD BEACH AND BROADWALK. 4 IDENTICAL UNITS WITH 2 BEDROOMS AND 1 BATH, SPACIOUS AND BRIGHT LIVING SPACE, IMPACT WINDOWS, PORCELAIN TILES GRANITE COUNTER TOP, SPRINKLERS. DOUBLE LOT 9327SQ.FT. SEPARATE ELECTRIC METERS. PRIVATE PARKING FOR 6 CARS. ZONED MULTI FAMILY LESS THAN 10UNITS ZONED BRT-25-R.

Las Olas Isles: Three Fully Renovated Rental Units: 2/2, 2/2, 3/2 plus a bonus efficiency /storage unit currently rented os short term rental; with a new Pool, impact windows and doors; 3 (50') boat slips (that include; water, power, cable and pump-out) plus an onsite laundry room room with washer & dryer. Available with Property next-door: F10153555.

Las Olas Isles: Frank Lloyd Wright Inspired, Super Unique, Mid-Century Modern, Architecturally Significant Building; designed & built by Don Singer. Boasts 3 Units; all 2/1.5, two story townhouse units with high ceilings and private out door spaces. Large party dock with deeded boat slips, outdoor kitchen and TV entertaining area. Available with property next-door: F10153550

12 Units each unit is a 2/1 about 670 ft, central A/C in all units,3 storages, coin laundry, 19 parking spaces that are assigned, each unit is rented out from $1200-1150. They are on year leases. They are all stable and qualified tenants.

A great 4plex townhouse income investment property in a great location near Wilton Manors and 10 min drive to Fort Lauderdale beaches, these townhouses are a 4plex with its own individual charm each is a 2,373 SQF and 3 stories. 1st floor features 3 bedrooms plus a convertible den and 2.5 baths. 2nd floor features a living & dining room, modern kitchen with granite counter tops and stainless steel appliances and a guest powder room, bedrooms and baths on the 3rd floor. the units are all cozy and very private property is well built with an open layout, tall ceiling and windows all nicely finished, each with 2 carport garage, 10 mins drive to downtown, and Las Olas Boulevard, 20 mins to the Fort Lauderdale Hollywood international airport.

This is a rare find, cash cow. Cap Rate 9.4. Property is being leased for 4 years to the same tenant and has remaining 4 year lease with option to renew. One tenant paying $15,834. per month. Property is in excellent condition. Pictures in the MLS are only 3 weeks old. Fully redone in 2015 and tenants keep it beautifully. Gross of $190,008. Tax, Insurance and Land Scape $17,981. With a Net of about $165,128.00.

Blount Bros Pompano Beach: 6 PLEX ACROSS FROM 'DIRECT BEACH/OCEAN' ACCESS. AMAZING LOCATION. WALK RIGHT ONTO THE BEACH. GREAT OPPORTUNITY TO BUILD 3 TOWN HOMES OR SINGLE FAMILY HOME W/OCEAN VIEWS. 2ND FLOOR SUNDEK WITH OCESN VIEWS. PRESENTLY OPERATING AS AN INCOME PRODUCING 6 PLEX. ZONED RM-20(RESIDENTIAL MULTI-FAMILY 20 UNITS PER ACRE). PERMIT PARKING. BUILDING HAS 6 ASSIGNED PERMITS FROM THE CITY FOR PARKING.UNDERGROUND UTILITIES PART OF 'BRINY' RENOVATION. ALL 6 UNITS ARE OCCUPIED /MONTH TO MONTH LEASES. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS. SEE ATTACHMENTS FOR SURVEYS, CITY ZONING INFORMATION & 'RENT ROLLS'. PROPERTY IS SOLD 'AS IS'. NEW OUTSDE PAINT, LANDSCAPE AND IRRIGATION SYSTEM.

Progresso: Cash Cow in the heart of Victoria Park, 10 units (2 buildings) w/eight 1/1's plus two 2/2's with 12 parking spots. Currently 100% rented at below-market rates, this property is generating $106,080 income per year with expenses of $32,471 (Approx $5,400 water, $2,532 trash, $3,180 water, $600 lawn care, $3,100 insurance, $17,659 taxes) netting $73,609. Once renovated, this building could generate a net of around $140K/yr (Or build 7 town homes, zoned RMM-25, buyer to verify with city). Roofs have just been coated with elastomeric coating in 2019. Units in need of updating/renovating, but are fully functional and occupied. Includes hurricane shutters. *Please do not walk the property, all units are occupied, interior inspections may be done once under contract.

North Hollywood: HUGE BEAUTIFUL PIECE OF INCOME PRODUCING PROPERTY EAST OF 95. NEAR DANIA POINTE, US 1 AND THE BEACH. SEE BROKER REMARKS. Property is comprised of +/-38,812 SF or .753 AC with three buildings,a shed and a lot of parking.Zoning is NBHD-MU.Property may also be redeveloped with a density bonus 14 residential apartments in three buildings 8 units,4 units and a duplex.No vacancies and all apartments are occupied under month to month written leases. Rents are way under market as we have had many long term tenants in need of affordable housing and we have provided same. The new owner(s) can do as they wish and must. SEE SUPPLEMENTAL REMARKS BELOW AND ATTACHMENTS FOR UNIT MIX

Progresso: Amazing Find!13 Units On A Double Lot Only 2 Miles From The Beach! 8 Units Are 1 Bedroom 1 Bath. One Unit Has 2 Bedrooms 2 Baths & 4 Units Are Studios. Coin Operated Laundry Used For Additional Income. Current Rents Are Way Below Market. Actual Gross Income Is $138,480 Proforma Gross Income: $186,000. Total Expenses: $36,270 Expenses Include Taxes: $14,990 Lawn: $750 Insurance: $9,314 Water: $4,610 Electric: $ 3,006 Trash: $3,600. Proforma Cap is 8%.