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497 NW 42 ST Oakland Park, FL 33309
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Key Details
Sold Price $689,900
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Prospect Gardens 22-26 B
MLS Listing ID A2185632
Sold Date 03/31/16
HOA Y/N No
Year Built 1969
Tax Year 2015
Contingent Pending Inspections
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 105x142
Property Description
This is a fantastic investment. This could be converted to individual units for sale with an est. $200-300K profit. If you seek to keep the property long term, it also boasts an amazing up to 15% cap rate! Est annual appreciation in this area is on avg 13 -20%. Its one of the few areas in South Florida that boast great resale value and great cap rate. Seller will consider all reasonable offers.
Location
State FL
County Broward County
Community Prospect Gardens 22-26 B
Area 3720
Exterior
Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
Waterfront No
Present Use Other
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Tax ID 494222081051
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Benchmark Realty Group LLC
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