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    675 SW 66th Avenue

    Margate, FL 33068
    • $675,000
    • STATUS: Active
    • ON SITE: 66 days
    • MLS #: RX-10646826
    Foreclosure
    UPDATED: 18 min ago
    $675,000
    • 0
      BEDS
    • 0.83
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,140
      SQFT
    • $131
      $/SQFT
    Type:
    Multi-Family
    Built:
    1969
    County:
    Area:

    School Ratings & Info

    Description

    ***INCREDIBLE UNIQUE, ONCE IN LIFETIME OPPORTUNITY!!! GREAT for 1031 EXCHANGE! SEE ATTACHED EXPENSES!!! FORMER COMMUNITY CLUBHOUSE CONVERTED!!Current TENANTS PAYING $5,000 MONTHLY! ***3 lots deeded together!! $$$ Lot #1 HAS A DUPLEX with 9 bedrooms and 6.5 baths. ***EACH SIDE HAS 2,500 SQFT*** CURRENTLY RENTED FOR $2,500 PER SIDE SECTION 8 JUST RENEWED END OF 2019!! large fenced backyard, built-in BBQ and a spacious patio for lots of entertaining.$$$ Lot#2 features a LARGE pool,HALF BASKETBALL COURT, shed and recreational area!! $$$ lot #3 is vacant for additional parking. What a deal!Current owner pays, Pool/Pest/Lawn/Water/Sewer/common electric. Some of these expenses can be curtailed to increase cash flow.GREAT OPPORTUNITY FOR 1031 EXCHANGE!!! Virtual showings only until offer is accepted Viewings to be done during inspection period. Will sell to highest offer!!

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    www.ewm.com/homes/108898974
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    675 SW 66th Avenue Margate, FL 33068

    • Price: $675,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: RX-10646826
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.83
    Acres
    5,140
    SQFT
    $131
    $/SQFT
    1969
    Built
    Neighborhood:
    Kimberly Forest Sub Of Tract A 96-48 B
    County:
    Broward
    Area:
    Margate
    Property Description
    ***INCREDIBLE UNIQUE, ONCE IN LIFETIME OPPORTUNITY!!! GREAT for 1031 EXCHANGE! SEE ATTACHED EXPENSES!!! FORMER COMMUNITY CLUBHOUSE CONVERTED!!Current TENANTS PAYING $5,000 MONTHLY! ***3 lots deeded together!! $$$ Lot #1 HAS A DUPLEX with 9 bedrooms and 6.5 baths. ***EACH SIDE HAS 2,500 SQFT*** CURRENTLY RENTED FOR $2,500 PER SIDE SECTION 8 JUST RENEWED END OF 2019!! large fenced backyard, built-in BBQ and a spacious patio for lots of entertaining.$$$ Lot#2 features a LARGE pool,HALF BASKETBALL COURT, shed and recreational area!! $$$ lot #3 is vacant for additional parking. What a deal!Current owner pays, Pool/Pest/Lawn/Water/Sewer/common electric. Some of these expenses can be curtailed to increase cash flow.GREAT OPPORTUNITY FOR 1031 EXCHANGE!!! Virtual showings only until offer is accepted Viewings to be done during inspection period. Will sell to highest offer!!
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features Auto Sprinkler Lot Description 1/2 To < 1 Acre Lot Dimensions 36167 Private Pool Description Inground Private Pool YN Yes Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanCentral Flooring CarpetTile Heating Central Unit1 Bedrooms 4 Unit1 Desc Den/FamilyKitchen Unit1 Full Baths 3 Unit1 Furnished No Unit1 Half Baths 1 Unit1 Sq Ft 0 Unit2 Bedrooms 3 Unit2 Desc Den/FamilyKitchen Unit2 Full Baths 2 Unit2 Furnished No Unit2 Half Baths 1 Unit2 Sq Ft 2500 Unit3 Desc Kitchen Unit3 Furnished No Unit3 Half Baths 0 Unit3 Sq Ft 0 Unit4 Half Baths 0 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 38000.00 Annual Total Expenses 22000.00 Available Info None Built Desc Resale Gross Operating Income 60000.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Duplex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Info Bank OnwedSold As-Is Sq Ft Total 5499.00 Subdivision Amenities BasketballPool Tax Amount 10557.70 Tax Year 2020 Taxes No Homestead Tenant Pays Electric Terms Considered ConventionalOther Unit1 Monthly Income 2500.00 Unit2 Monthly Income 2500.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CablePublic Sewer Zoning Res

    Listing provided courtesy of Exp Realty Llc. Listing information © 2020 BeachesMLS
     
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