Miramar, FL 33023,6014 SW 40th St
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Miramar, FL 33023,6014 SW 40th St
Miramar, FL 33023,6014 SW 40th St
Miramar, FL 33023,6014 SW 40th St
Miramar, FL 33023,6014 SW 40th St

$95,000

Est. payment /mo

$99,900

4.9%
Est.Price: ?

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6014 SW 40th St Miramar, FL 33023

5,105 Sqft Lot

SOLD DATE : 11/13/2018

Key Details

Sold Price $95,000

Property Type Vacant Land

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Sun Land Park 25-30 B

MLS Listing ID F10144282

Sold Date 11/13/18

HOA Y/N No

Total Fin. Sqft 5105

Annual Tax Amount $577

Tax Year 2017

Lot Size 5,105 Sqft

Property Description

OVER 50% OFF Market Value! Build up to 4-8 units! Ask me how! Zoned MH in the TOC zone. Build 4-6 stories high! Unlimited density! Build as many units as you can fit! Build mixed use or just multifamily. Multifam lots in the area sell for $25k-$30k per buildable unit. That gives this property a current market value of $200k-$240k. 2/1 units rent for $1,300/mo. New units could rent for $1,500/mo. Potential gross monthly income of up to $12k! $144k/yr! Avg cap rate in Broward is 6.88%. Sell at 6.88% cap for $2M+! You can also build "Micro-Units". Build a tiny building very inexpensively and max out your return on investment. Call Listing Agent to discuss all details; I'm happy to explain.

Location

State FL

County Broward County

Area Hollywood South West (3990;3190)

Zoning MH (TOC)

Exterior

Waterfront No

Water Access N

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Others

Pets Allowed No

Acceptable Financing Cash, Other Terms, Owner Financing

Listing Terms Cash, Other Terms, Owner Financing

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BeachesMLS Matrix (RAPB-F prefix)
Listed by United Realty Group Inc
Bought with Florida Realty of Miami Corp

Alan Olem

Advisor | License ID: 3348595

+1(954) 854-7678

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