RealPro Group S. Fl Real Estate

Residential Income :Fourplex


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26 Diplomat Pkwy 5 units Hallandale Beach, FL 33009
Listed Date YYYY/MM/DD:2023-09-28ID: 1011460333
Price: $945,000County: Broward County
Area: 3010Square Footage:
Property Tax: $2,214.00 Water Supply: Municipal Water
Sewer Description: Municipal Sewer Zoning Information:CCB
Folio Number: 514226HC1410
Number of Units: Year Built: 1961
Number of Parking Spaces:80 Pool: 1
Lot Description: Less Than 1/4 Acre Lot
Year Built Description: Resale Gross Rent Income: $
Net Operating Income: $ Number of Stories: 2.0000
Tax Year: 2021Tax Information:Tax Reflects No Homestead Tax
Legal Description: THE DIPLOMAT GOLF & RACQUET CLUB RESORT CONDO UNIT 2244 PER CDO BK/PG: 20950/222
Opportunity to acquire a package of 5 units for short term rental operation. Within a complex of 154 units. An ideal investment for those seeking remarkable cap rate potential. Nestled in a rapidly expanding area just a short walk away from the ocean. Current Airbnb operation yields an average of $25,000 annual gross income per unit. Additionally, option of leasing annually at $1,700 per month for stable returns. There are existing management groups on site available for easy transition. A maintenance fee of just $350/unit includes electric and water expense. All Units are 320 sq.ft. Less than a mile from the beach. Request more information by email. Showings only with LOI and Proof of funds.
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RealPro Group, Inc. and The Realtor Associations Miami-Dade County is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.This property is listed by Optimar International Realty .
South Florida Real Estate
RealPro Group, Inc.
Licensed Real Estate Broker
 Equal Housing Opportunity
Joe A. Ardolino

Broker

Phone: 305 710-0119
Realtor - Multiple Listing Service
joe@realprogroup.com
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PO Box 160376, Miami, Fl 33116-0376