7910 N Colony Cir N, Tamarac, FL, 33321

Location

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7910 N Colony Cir N, Tamarac$775,000

Buyer Closing Credits

$9,203^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeQuadruplex

Year Built1975

HeatingCentral

CoolingCentral Air

MLS #A11543690

StatusAccepting Backup Offers
(Active Under Contract)

About 7910 N Colony Cir N

**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA

Property Details

Property Features

Property Information:

Architectural Style: Fourplex
Year Built: 1975
Stories: 2
Living Area: 949 SqFt

Listing Office:

Office Name: Cutting Edge Investments & Realty Inc
Office Phone: (954) 547-1962
Listing Agent: Mitchell Lvovsky

Interior Features

Interior Information:

Flooring Type: Tile

Virtual/3D Tour

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Utilities

Utilities Information:

Heating: Central
Cooling: Central Air

School Info

Assigned Schools Information:

J. P. Taravella High School, Public District Grades 9-12
Millennium Middle School, Public District Grades 6-8
Challenger Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

List Price: $775,000
Price Per SqFt: $817/SqFt

HOA Fees:

Amount: $509
Frequency: Monthly

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Housing Market Comparison

See how this home compares to others in Tamarac, FL.

Tamarac, FL

City

Med. Sold Price

$314.8K

Med. Price/SqFt

$228

Avg. Days On Market

# of Sold Homes

7910 N Colony Cir N vs Tamarac

58 DAYS ON ROCKET

+8 Days

$775,000

+$460.1K More

$817/SqFt

+$589 More

KEY TAKEAWAY

This property is $460.1K more than the Median Sold Price and $589/SqFt more than other homes in Tamarac, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: SEFMIAMI
MLS Number: #A11543690

Listing Office:

Office Name: Cutting Edge Investments & Realty Inc
Office Phone: (954) 547-1962
Listing Agent: Mitchell Lvovsky

© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 4:45:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Homeowners Insurance

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Monthly Premium

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Homeowners Association (HOA)

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

/10

Challenger Elementary School
5703 NW 94th Ave
Distance between this listing and this school1.39 miles
Public District Grades KG-5

Middle School

/10

Millennium Middle School
5803 NW 94th Ave
Distance between this listing and this school1.39 miles
Public District Grades 6-8

High School

/10

J. P. Taravella High School
10600 Riverside Dr
Distance between this listing and this school2.07 miles
Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

50%

<35k

48%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 48%
High School: 45%
Masters: 5%
Doctorate: 2%

What types of families live nearby?

60%

Single, No Kids

11%

Single, with Kids

19%

Married, No Kids

10%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 69%
Renters: 31%

How old are people in this area?

10%

<11 yrs old

12-17 yrs old

20%

18-34 yrs old

42%

35-64 yrs old

23%

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer

Where do the neighbors shop?

Burlington
H&M
Foot Locker

Where do the neighbors go to eat?

White Castle
Popeyes
Little Caesars

What do the neighbors drive?

Kia
Nissan
Dodge

What do the neighbors listen to?

Urban Adult Contemporary
Rhythmic Contemporary Hits
Soft Adult Contemporary

The neighbors living near this home have an average income of $35,318. Most Tamarac, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Tamarac›33321›7910 N Colony Cir N

This home is located at 7910 N Colony Cir N in Tamarac, FL and zip code 33321 in the Colony West Country Club neighborhood. This 949 square foot home was built in 1975. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $775,000.

While more than 3 listings in Tamarac, FL in April 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 39 were sold below. The number of homes for sale in Tamarac, FL increased by 10.4% between March 2024 and April 2024. Listings spent 50 days on the market in April 2024, and had a median list price of $314,829 during the same period.

Location

Property Highlights

Property Details

Property Features

Interior Features

Virtual/3D Tour

Utilities

School Info

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

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