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5521 SW 34th St 2 Unit Apartment Building Offered at $499,900 at a 5.99% Cap Rate Pembroke Park, FL 33023
Investment Highlights
- Turnkey, fully rented duplex!
- INDIVIDUAL WATER METERS!
- Private fenced backyard, perfect for outdoor enjoyment, plus two dedicated parking spaces per unit.
- IMPACT WINDOWS!
- All updates were completed with permits, including impact windows, roof, and both A/Cs.
- Tenants pay all utilities.
Executive Summary
Turnkey, fully rented duplex! IMPACT WINDOWS! INDIVIDUAL WATER METERS! This fully updated duplex features two 2/1 units, both rented for $1,750 with leases. Each unit has a washer and dryer. All updates were completed with permits, including impact windows, roof, and both A/Cs. Each unit has been tastefully updated with modern finishes, making this a true turnkey property for investors or owner-occupants. Private fenced backyard, perfect for outdoor enjoyment, plus two dedicated parking spaces per unit. Tenants pay all utilities. Conveniently located across from McTyre Park, this property offers an excellent combination of location and functionality. If you're looking to add a low-maintenance, income-producing property, this duplex checks all the boxes.
Property Facts
| Price | $499,900 | Property Type | Multifamily |
| Price Per Unit | $249,950 | Building Size | 1,384 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.99% | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1961/2016 |
| Price | $499,900 |
| Price Per Unit | $249,950 |
| Sale Type | Investment |
| Cap Rate | 5.99% |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,384 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1961/2016 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,750 | 692 |
| 2+1 | 1 | $1,750 | 692 |
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
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5521 SW 34th St