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$144,990

Beds
1
Baths
1.0
sq ft
699

1201 SW 52nd Ave Unit 106, North Lauderdale, FL 33068

1201 SW 52nd Ave Unit 106

North Lauderdale, FL 33068

  • 4 days on market
**INCREDIBLE INVESTOR OPPORTUNITY- RENT IMMEDIATELY W/ 7% MONTHLY ROI** THIS 1/1 CONDO ON THE 1ST FLOOR OF THE ALL AGES SILVER PALMS CONDO IS THE PERFECT PROPERTY TO ADD TO YOUR GROWING RENTAL PORTFOLIO. UNIT WAS REMODELED IN 2018 WITH GRANITE COUNTERTOPS, ITALIAN KITCHEN CABINETRY, STAINLESS STEEL APPLIANCES AND PORCELAIN TILE THROUGHOUT THE ENTIRE UNIT. BTH WAS ALSO COMPLETED REMODELED. COMMUNITY FEATURES A POOL, PLAYGROUND, ON SITE LAUNDRY AND IS WALKING DISTANCE TO SHOPPING, SCHOOLS. REFRIGERATOR WAS REPLACED JULY 2023, ENTIRE CONDENSER UNIT FOR AC WAS JUST REPLACED 2 MONTHS AGO (AIR HANDLER & W/H IS 2016). LOW MONTHLY COA FEE OF $268 WITH MARKET RENTS OF $1500+. CAP RATE OF 7-8%. CASH ONLY OR SELLER WILL CONSIDER SELLER FINANCING. CURRENT TENANT IS VACATING BY 3-31 & SOLD VACANT

Details

Property type

Condominium

Est. home value

$134,195

Lot size

Unknown

Price per sq ft

$208

Year built

1974

Annual property taxes

$2,764

Monthly HOA fee

$268

Price History

02/27/2025
SEF

SEF #A11753624

Listed
$144,990
+447.13%
06/17/2015
SEF

SEF #A2047997

Sold
$26,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Service Mortgage Underwriters Inc

Loan start date

May 2006

Original loan amount

$29,380

Est. remaining balance

Not provided

Interest rate

6.34%

Loan type

Credit Line (Revolving)

Seller

Deborah Agard

Lender

Service Mortgage Underwriters Inc

Loan start date

May 2006

Original loan amount

$117,520

Est. remaining balance

Not provided

Interest rate

7.25%

Loan type

Not Provided, 30 year

Seller

Deborah Agard

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 3:45 AM

Listing updated: 03/03/2025 at 3:20 PM

Listed by: Mitchell Lvovsky, Cutting Edge Investments & Realty Inc Phone #: (954) 547-1962

MLS: SEF #A11753624

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