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Wade M. Berlin

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  4. 820 21st Drive, Wilton Manors, FL 33305
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820 21st Drive
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PRICED AT ONLY: $1,980,000

Address: 820 21st Drive, Wilton Manors, FL 33305

Description

Turnkey 6 unit Airbnb property in prime Wilton Manors! Fully renovated and furnished, this income producing asset features 1 two bed/1 bath, 3 one bed/1 bath, and 2 studios on a 7,367 sq ft lot. Total building area: 3,430 sq ft. Gross income: $256,767.76; Net income: $126,296.30; Cap rate: 6.3%. Self managed and optimized for short term rentals. Minutes to Wilton Drive, Downtown Fort Lauderdale, Flagler Village, and the beach. Ideal for investors seeking strong cash flow in a high demand location. Highlights: ? Fully furnished and Airbnb ready ? Renovated interiors and modern design ? High performing income property ? Self managed and turnkey ? Prime location near beaches, nightlife, and dining Dont miss this high demand, high return opportunity in Wilton Manors!

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  • MLS#: F10507916 ( Commercial/Industrial )
  • Street Address: 820 21st Drive
  • Viewed: 1
  • Price: $1,980,000
  • Price sqft: $577
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 3430
  • Days On Market: 85

Description

Turnkey 6 unit Airbnb property in prime Wilton Manors! Fully renovated and furnished, this income producing asset features 1 two bed/1 bath, 3 one bed/1 bath, and 2 studios on a 7,367 sq ft lot. Total building area: 3,430 sq ft. Gross income: $256,767.76; Net income: $126,296.30; Cap rate: 6.3%. Self managed and optimized for short term rentals. Minutes to Wilton Drive, Downtown Fort Lauderdale, Flagler Village, and the beach. Ideal for investors seeking strong cash flow in a high demand location. Highlights: ? Fully furnished and Airbnb ready ? Renovated interiors and modern design ? High performing income property ? Self managed and turnkey ? Prime location near beaches, nightlife, and dining Dont miss this high demand, high return opportunity in Wilton Manors!
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Features
Building and Construction
  • Construction Type: Cbs Construction
  • Floor Description: Ceramic Floor, Tile Floors
  • Num Stories: 2.0000
  • Typeof Building: Free Standing, Hotel/Motel
Property Information
  • Transaction Type Mlx: Sale
  • Typeof Property: Income/Multi-Family
Land Information
  • Total Acreage: 0.0000
Garage and Parking
  • Parking Description: Common Parking, Guest Parking
Eco-Communities
  • Water Description: Public Water
Utilities
  • Cooling Description: Central Individual A/C
  • Fire Protection: Smoke Detector
  • Heating Description: Central Individual A/C
  • Sewer Description: Public Sanitation
Finance and Tax Information
  • Expense Amount: 130471
  • Net Operating Income: 126296
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Information Available: Financial Statement, Inventory, Owner Managed, Personal Property Inventory, Photos, Existing Survey
  • Legal Description: WILTON MANORS UNIT 1 AMD PLAT 15-1 B PT OF BLK 25 AS DESC IN DB 508/500 & OR 307/488 LESS THAT PT DESC IN OR 701/14 & LESS PT DESC IN OR 481
  • Locationof Property: Near Airport, Near Seaport, In Residential Area
  • Miscellaneous Information: Balconies, Exterior Lighting, Kitchen Facilities
  • Parcel Number: 494226050710
  • Sale Includes: Building & Land
  • Zoning Information: Rs-5
Nearby Subdivisions
Wilton Manors  
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Retail property Available in The City of Wilton Manors, Five Points This is a great opportunity to lease or purchase this high visibility commercial lot. Ideal for retail, shopping center, hotel, o

  1. Request Information
  1. MLSID: F10365069
  2. Provided by CMV Realty LLC
  3. Contact Gus Martinez
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