Knights Inn Hallandale, 26 Diplomat Pkwy #2228

$925K8.1%
$850,000
NaN
SqFt
Status
Sold - May 01, 2023
Size
N/A
Price
N/A
Type
Multifamily
Built
1961
HOA
$350/MO
MLS Number
A11351230
On Site
1288 Days
Updated
14 Days ago
Page Views
0
Potential to have 15-20% ROI or more. Incredible cap rate for all types of investors. 5 units included in the price. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. 3 units active on airbnb and 2 units with long term tenants. Potential to assume the current management group so that nothing changes ! Value add opportunity as renovation could increase income. Monthly maintenance fee of $350 month and no other fees to be aware of. Electric and water included in maintenance fee. Each unit 320 sq.ft. Pets are allowed up to 100 pounds. 154 complex units. Great opportunity walking distance to the ocean in a rapidly growing area. Minutes from Sunny Isles Beach, Aventura Mall and Gulfstream Park/Shopping.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1961
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-03-03T08:08:31.000-00:00
          Taxes, Fees & More
          • Taxes: 2214

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          Price History

          Current
          $850K
          High
          $925K
          Low
          $850K
          Total Change
          -8.1%
          $934K$888K$841KMar 23May 23
          Date
          Event
          Price
          Change
          Price Per
          05/01/2023
          Sold
          $850K
          -8.11%
          N/A ft2
          N/A m2
          03/03/2023
          Listed
          $925K
           
          N/A ft2
          N/A m2
          05/01/2023
          $850K
          Event
          Sold
          Change
          -8.11%
          Price Per
          N/A ft2
          N/A m2
          03/03/2023
          $925K
          Event
          Listed
          Price Per
          N/A ft2
          N/A m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Dylan VegaOptimar International Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          63

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          34

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          66

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          0

          100
          Community Snapshot
          Studio – 1 BR
          Bedrooms
          $120K – $220K
          Price Tier
          320 - 16,000
          SqFt Range
          1960
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Clubhouse
          Elevators
          Laundry
          Pool
          Transportation Service

          Hallandale Beach
          Mid-Tier
          Mid-Tier Homes & Condos