$230,000
$250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
5140 SW 40th Ave #1C Dania Beach, FL 33314
2 Beds
2 Baths
1,060 SqFt
Key Details
Sold Price $230,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,060 sqft
Price per Sqft $216
Subdivision Oak Hills Condo No V
MLS Listing ID A11485021
Sold Date 02/22/24
Style Garden Apartment
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $764/mo
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $4,293
Tax Year 2023
Contingent Association Approval
Property Description
Opportunity for savvy investors - immediate income allowing rentals on the 1st year, only in this building. New tenants have already moved in, eliminating the need for you to search for renters. Renovations coming soon with upgrades to various items - part of the 40-year certification. A special assessment will begin in 2024 for only $218 per month along with the standard monthly maintenance fee of $546. While this may seem like an added cost, it's an investment in your property's future. The unit has been entirely remodeled plus impact windows on the porch. Purchase this condo at a competitive price, and watch your investment appreciate as the community renovations progress. Don't miss this opportunity. Cash buyers or Hard Money Loans only since buiding does not have reserves.
Location
State FL
County Broward County
Community Oak Hills Condo No V
Area 3720
Interior
Interior Features First Floor Entry, Main Level Primary, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Vinyl
Appliance Dishwasher, Electric Range, Disposal
Exterior
Exterior Feature Barbecue, Enclosed Porch
Garage Spaces 2.0
Pool Association
Amenities Available Clubhouse, Barbecue, Picnic Area, Pool
Waterfront No
View Garden
Porch Porch, Screened
Parking Type Guest, Two or More Spaces
Garage Yes
Building
Architectural Style Garden Apartment
Structure Type Block
Construction Status Resale
Schools
Elementary Schools Hollywood Hl Elem
Middle Schools Attucks
High Schools Hollywood Hl High
Others
Pets Allowed Conditional, Yes
HOA Fee Include Association Management,Common Areas,Insurance,Legal/Accounting,Maintenance Grounds,Parking,Pest Control,Pool(s),Trash,Water
Senior Community No
Tax ID 504231AG0010
Ownership Self Proprietor/Individual
Security Features Security Guard
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Pets Description Conditional, Yes
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Bought with Jonathan Solomon Realty