Home » North Lauderdale » 7931 Southgate Blvd E7, North Lauderdale, FL 33068 | A11565035

7931 Southgate Blvd E7, North Lauderdale, FL 33068 | For Sale

$252,500
closed for a price of $245,000

Property Highlights

Listing ID A11565035 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,010 Sqft/93.83 m2 approx. Building Area 1,010 Sqft/93.83 m2 approx. COMMUNITY POOL Year Built 1984 Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 155 Days
61 Photos of this Property

7931 Southgate Blvd E7, North Lauderdale, FL 33068

Property Description: **EXCELLENT INVESTOR OPPORTUNITY- 7-8% ROI- Rented for $2350 until 3-31-2025!!** This 2/2 (has a 3rd bonus bedroom- has a door and window & AC duct but no closet but large enough to fit a bed and computer desk at present) in the highly sought after and well maintained/managed community of Royale Gardens is the PERFECT Condo to add to your rental portfolio. LOW monthly Maint fee of $355 (w/reserves), a split floorplan, washer/dryer in unit and a storage room on your front patio make up this condo. AC replaced in late 2020, Water Heater replaced in 2022. Community has a pool. Unit is tiled throughout and well maintained. MUST HONOR LEASE- Investors ONLY. Seller has EIGHT (8) other units for Sale in this community as well- SEE MLS# A11543673.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$255,000
Original List Price:$255,000
Close Price:$245,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
  • Corporate Listing (Corporate Owned Property)

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:2
Possible Use:
  • Investment

Property Features

View from the Property:
  • Garden
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Pantry
  • Walk-in Closet(s)
  • Other
Exterior Features:
  • Porch
Patio and Porch Features:
  • Open
  • Porch
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$3,473

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$355
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
Subdivision Name:ROYALE GARDENS CONDO
Association Fee Includes:
  • Roof
  • Maintenance Structure
  • Reserve Fund
  • Amenities
Complex Name:Royale Gardens
Senior Community:No
Development Name:Royale Gardens
Restrictions: Corporate Buyer OK, Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • One Space
  • Assigned
  • Guest

More Details

Other Information:
Unit View: Garden View
Housing Older Persons Act: No HOPA
Unit Design: Exterior Cat Walk
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 1
Flood Zone : X
Homeowner's Association Application Fee: 150
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: X
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:ROYALE GARDENS CONDO UNIT 9 BLDG F PER CDO BK/PG: 9974/397
Real Estate Folio Number (Parcel Number):484134AB0430
Public Survey Range:48
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:April 8, 2024 9:26 am
On Market Date:April 8, 2024
Close Date:September 10, 2024
Price Change Date Time:May 1, 2024 7:44 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 10, 2024 2:11 pm
Status Last Changed:September 10, 2024 2:11 pm
Photos Last Modified:July 22, 2024 4:38 am
Last Modified:September 10, 2024 6:12 pm
Days on the Market Reference Date:September 10, 2024
Days on the Market (updated on Last Modified*):92
Cumulative Days on the Market (updated on Last Modified**):125

Additional Information

Unit Location:Exterior Cat Walk
Number of Photos Count:61
Geographical Area:North Broward 441 To Everglades (3611-3642)
Area:3632
Ref ID:1065352918
Automated Valuation Display:Yes
Courtesy of:Cutting Edge Investments & Realty Inc
Universal Property Id:US-12011-N-484134AB0430-R-N

Location

Show Property Address:Yes
Street Name:Southgate Blvd
Street Number:7931
Street Address:7931 Southgate Blvd E7
Unit Number:E7
City : North Lauderdale
State : Florida
Zip Code : 33068
County : Broward
Full Address:7931 Southgate Blvd E7, North Lauderdale, FL 33068
Latitude:N26° 13' 43.8''
Longitude:W81° 45' 57.3''

Neighborhood

Postal City:North Lauderdale

Property Map

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