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5511 SW 20th St
West Park, FL 33023 West Park

$1,800,000 USD

Apartments For Sale  •  4,340 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,340 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.83 %
  • Zoning R-1C
0 Transit Score
50 Walk Score

Highlights

This turnkey investment opportunity is conveniently located near major highways, including Florida Turnpike and I-95.
Completely renovated property featuring a modern layout and premium appliances.
Located on a large lot, offering excellent development opportunities for expansion or additional income-generating units.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $90,162 USD (2024)
Cap Rate: 6.83 %
Total Expenses: $88,738 USD

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Microwave
  • Washer/Dryer
  • Gated
  • Ceiling Fans
  • Kitchen
  • Ice Maker
  • Refrigerator
  • Oven
  • Tub/Shower
  • Double Pane Windows
  • Freezer
  • Garden
  • Linen Closet
  • Vinyl Flooring
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 8 min - 3.2 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 4.5 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 15 min - 8.7 mi
Miami International 38 min - 21.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Miosotis Jones 954-776-5400 Century 21 Hansen Realty Inc
Miosotis Jones 954-776-5400 Century 21 Hansen Realty Inc