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Palmetto Duplexes, 10621 SW 77th Ct, Pinecrest, FL, Florida 33156

6Beds
4Baths
3,503SqFt

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Details

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Status:
Sold - Sep 01, 2022
Size: 3,503 SqFt (325 m2)
Price: $534/SqFt ($5,746/m2)
Type: Multi Family
Built: 2022
MLS Number: A11239953
On Site: 1228 Days
Updated: 1178 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
*already Producing $12,000 Per Month. Both Units Rented* Collect Rent From High Quality Tenants That Make Passive Income A Breeze. This Duplex Is Now Producing $12,000 A Month. With A Low Initial Tax Basis, This Property Is Destined To Be A Great Investment. It Has Been Extensively Renovated And Is Basically Brand New: New Roof, New Pool, New Bathrooms, New Tile. The Below Financials Are Already In Place And End Up At A Cap Rate Of ~6.2%. Effortlessly Get Your Cash Into The Mid Teens When Purchased With Leverage. Monthly Income: $12,000 Yearly Property Taxes $17,000 (includes Post-purchase Adjustment) Yearly Insurance $4,000 Yearly Utilities & Misc Costs $2,400 Total Expenses $23,400 Total Income $144,000 ***noi $120,600*** @ ~6.1% Cap Rate = $1,970,000
Features
Bedrooms
  • Bedrooms: 6
Bathrooms
  • Bathrooms: 4
Exterior and Lot Features
    Interior, Heating and Cooling
    • Heating Description: Other
    • Cooling Description: CentralAir, CeilingFans, Electric
    Building and Construction
    • Floor Description: CeramicTile,Marble
    • Year Built: 2022
    • Year Built Description: Effective Year Built
    Waterfront and Water Access
    • Waterfront Frontage: No info
    School Information
      Other Property Info
      • Listing Date: 2022-07-18T16:53:22.500-00:00
      Taxes, Fees & More
      • Taxes: 12214

      Price History

      07/12/2022

      Date

      Listed

      Event

      $1.9M

      Price

      $534 ft2 / $5,746 m2

      Price Per

      Price per square foot and days on website are not provided values and are calculated by Subdivisions.

      Listed by Raphael HillisUrban Key Realty Corp • Buyer Agency Compensation .

      Apples-to-Apples Comparables

      $300/ft²
      $300/ft²
      $500/ft²
      $700/ft²
      $1.9M

      Unit 10621 SW 77th Ct – $534/ft²

      (+27%) from Closed Medium

      $1.5M

      Closed Medium $420/ft²

      Community $/Price Range (Closed) $420/ft² – $420/ft²
      No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
      THINKING OF SELLING IN Palmetto Duplexes at Pinecrest?

      Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

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