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$9,450,000 • living size area 16000 sqft • with pool
Unprecedented opportunity to acquire a package of 50 units within a 154-unit complex. an ideal investment for those seeking remarkable cap rate potential or conversion/development. 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.. unit sizes vary from 320 sq.ft to 475 sq.ft. positioned on coveted 2.5 acres of land, this property holds exceptional potential as a future developer acquisition. less than a mile from the beach.Gelfand Realty Miami Properties for Sale - Multi Family for Sale
Back 26 DIPLOMAT PKWY 50 UNITS, HALLANDALE BEACH, FL 33009
Multi Family - DIPLOMAT GOLF & RACQUET C for Sale
26 DIPLOMAT PKWY 50 UNITS, HALLANDALE BEACH, FL 33009
Asking Price$9,450,000 Change Price$5,550,000
Share by:
- Living 16000sqft
- Taxes $2,214
- Assoc Fee $350 / Monthly
- Year Built 1961
-
Days on market:
63 day(s) -
Adjusted Area:
16000 sqft Original Price:
$3,900,000-
Price per sqft:
$590.63 Tax Legal Description:
THE DIPLOMAT GOLF & RACQUET CLUB RESORT CONDO UNIT 2244 PER CDO BK/PG: 20950/222Tax Year:
2022-
MLS:
A11420635 -
Property Type:
Multi Family -
Style:
Fourplex -
Pool:
Yes Pool Features:
In Ground
Construction Type:
Cbs ConstructionRoof:
OtherCooling Description:
Wall/Window Unit(s)Heating Description:
Window/WallFloor Description:
TileLot Features:
Less Than 1/4 Acre LotType of Association:
Condo