7910 N Colony Circle N, Tamarac, FL 33321
- $725,000
- 949
- SqFt
- Sold Price
- $725,000
- List Price
- $775,000
- Days on Market
- 50
- Closing Date
- May 21, 2024
- MLS#
- A11543690
- Sq. Ft
- 949
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Versailles Gardens Condo
- Year Built
- 1975
Property Description
**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! 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 (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA
/u.realgeeks.media/tomdayproperties/Tom_Day_Logo_Black.png){kind=logo}
Additional Information
- Hoa
- Yes
- Hoa Amount
- 509
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Roof
- Shingle
- Taxes
- $3,147
- Utilities
- Cable Not Available
- Stories
- 2
- Price Per Sqft
- $763
Mortgage Calculator
Listing courtesy of Cutting Edge Investments & Realty Inc. Contact:
Selling Office: Encore International Realty LLC.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Mitchell Lvovsky | Email: mlvovsky89@gmail.com