Home » North Lauderdale » 8031 Southgate Blvd K10, North Lauderdale, FL 33068 | A11580184

Sold 8031 Southgate Blvd K10, North Lauderdale, FL 33068

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

Property Highlights

Listing ID A11580184 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 1989 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 131 Days

8031 Southgate Blvd K10, 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) 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. 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. ONE OF THE UNITS CAN BE SEEN ON SATURDAY AFTERNOONS- IT IS BEING LISTED INDIVIDUALLY, SEE MLS#A11565035, VACANT UNIT IS MLS# A11577169

Useful Info

Contingency:Pending Inspections
Original List Price:$252,500
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:
  • Unknown
Architectural
Style:
  • Other
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:
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Pantry
  • Walk-in Closet(s)
  • Other
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
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:$3,089

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?:
  • Yes
  • Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
Subdivision Name:ROYALE GARDENS CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Trash
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • 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 ViewGarden View
Housing Older Persons ActNo HOPA
Unit DesignExterior Cat Walk,Other
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year2
Flood ZoneX
Homeowner's Association Application Fee150
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsX
Buy StateFlorida
Buyer Country of ResidenceUSA

Zoning and Legal

Tax Legal Description:ROYALE GARDENS CONDO UNIT 10 BLDG K PER CDO BK/PG: 9974/397
Real Estate Folio Number (Parcel Number):484134BB0340
Public Survey Range:48
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:May 2, 2024 12:18 pm
On Market Date:May 2, 2024
Close Date:September 10, 2024
Price Change Date Time:May 2, 2024 12:18 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 10, 2024 2:13 pm
Status Last Changed:September 10, 2024 2:13 pm
Photos Last Modified:July 22, 2024 4:38 am
Last Modified:September 10, 2024 6:14 pm
Days on the Market Reference Date:September 10, 2024
Days on the Market (updated on Last Modified*):69
Cumulative Days on the Market (updated on Last Modified**):69

Additional Information

Unit Location:Exterior Cat Walk,Other
Number of Photos:22
Location:,,
Included:,,
Geographical Area:North Broward 441 To Everglades (3611-3642)
Area:3642
Automated Valuation Display:Yes
Courtesy of:Cutting Edge Investments & Realty Inc
Universal Property Id:US-12011-N-484134BB0340-R-N

Location

Show Property Address:Yes
Street Name:Southgate Blvd
Street Number:8031
Street Address:8031 Southgate Blvd K10
Unit Number:K10
City : North Lauderdale
State : Florida
Zip Code : 33068
County : Broward
Full Address:8031 Southgate Blvd K10, North Lauderdale, FL 33068
Latitude:N26° 13' 44.9''
Longitude:W81° 45' 52''

Neighborhood

Postal City:North Lauderdale

Property Map

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