8061 Southgate Blvd North Lauderdale, FL 33068
Property details
About 8061 Southgate Blvd
**6.75% CAP RATE** Introducing a 3 Unit (previously listed as 4- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. Units are rented between 2350-2400 per month! Monthly COA fee at Royale Gardens is just $390 (per unit) and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 3 UNITS TO ACCOMODATE BUYERS BUDGET. One Unit is rented for $2400, 2 are rented for $2350
Highlights
Virtual tour
Summary
- MLS Number: A11664393
- MLS Name: SEFMIAMI
- Office Name: Cutting Edge Investments & Realty Inc
- Office Phone: (954) 547-1962
- Office Email: MLVOVSKY89@GMAIL.COM
- Listing Agent: Mitchell Lvovsky
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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Last updated on: 3/15/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$757,500
8061 Southgate Blvd
$8,995
closing credit¹
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Price information
Property sales
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Nearby schools
5
Morrow Elementary School
Public District PK-5
0.6 mi
•408 SW 76th Ter
6
North Lauderdale PK-8 School
Public District PK-5
1.0 mi
•7500 Kimberly Blvd
6
Panacea Preparatory Charter School
Public Charter KG-5
1.1 mi
•201 N University Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,783. Typical income of North Lauderdale, FL residents is between $35k-100k annually. Most families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
This home is located at 8061 Southgate Blvd in North Lauderdale, FL and zip code 33068. This 1,010 square foot home was built in 1988. Features: 0 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $757,500.
In February 2025 more than 1 listings in North Lauderdale, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in North Lauderdale, FL between January and February 2025 increased by 10.6%. In February 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $363,000.