5140 Southwest 40th Avenue, Unit 1C

Dania Beach, FL 33314

$230,000
Last Sold Price
2
Beds
2
Baths
1,060 Sq. Ft.
$217 / Sq. Ft.
1,060
Sq. Ft.
$217
per Sq. Ft.

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...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.
  1. Listed by Melisa Di Lorenzo • United Realty Group Inc

Property Details for 5140 Southwest 40th Avenue, Unit 1C

Subdivision
OAK HILLS CONDO NO V
Complex Name
Oak Hills Condo
Style
Condo 1-4 Stories
Waterfront
No
View
Garden View
Unit View
Garden View
Area
3720
Geographic Area
Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)

Location

Listing Courtesy of United Realty Group Inc

Sold By Jonathan Solomon Realty

Add your commute
LISTING UPDATED: 03/04/2024 07:26 PM

Property Details for 5140 Southwest 40th Avenue, Unit 1C

StatusClosed
MLS #A11485021
Days on Market97
Taxes$4,293 / year
HOA Fees$764 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1973
CountyBroward County

Building

OAK HILLS 5

2 StoriesBuilt in 1973

Location

Listing Courtesy of United Realty Group Inc

Sold By Jonathan Solomon Realty

Add your commute

Building Information for 5140 Southwest 40th Avenue, Unit 1C

Building/ComplexOAK HILLS 5Floor1Stories2Residences-Pet Policy-Year Built1973

Payment Calculator

$2,377 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,255

Property Taxes

$358

HOA Dues

$764

The Payment Calculator is for illustrative purposes only.

Property Information for 5140 Southwest 40th Avenue, Unit 1C

Location Information
Schools
  • Elementary School: Hollywood Hl Elem
  • Middle School: Attucks
  • Senior High School: Hollywood Hl High
Location Information
  • Parcel Number Free Text: 504231AG0010
  • Parcel Number MLX: 0010
  • MLS Area: 3720
  • Township Range: 50
  • Section: 31
  • Subdivision Complex Bldg: Oak Hills Condo
  • Unit Floor Location: 1
  • Total Floors In Building: 2
General Information
Parking
  • Num Garage Spaces: 2
  • Parking Description: 2 Or More Spaces, Guest Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Balcony Porch/Patio: Yes
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 11
  • Type of Governing Bodies: Condominium
  • Unit Design: Garden Apartment
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Vinyl Floors
  • Floor Description: Vinyl Floors
  • Security Information: Private Guards
Room Information
Room Information
  • Bedroom Description: Primary Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Walk-In Closets
  • Equipment Appliances: Dishwasher, Disposal, Electric Range
  • Exterior Features: Barbeque, Screened Porch
  • Maintenance Includes: Common Area, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Manager, Parking, Pest Control Interior, Pool Service, Trash Removal, Water
  • Amenities: Bbq/Picnic Area, Clubhouse-Clubroom, Pool
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
Rental Information
Furnished / Unfurnished
  • Furnished Info Sold: Unfurnished
Rent Information
  • Approval Information: 3-4 Weeks Approval, Application Fee Required, Association Approval Required
Rent Status
  • Other Fees: $150

Property History for 5140 Southwest 40th Avenue, Unit 1C

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5140 Southwest 40th Avenue, Unit 1C

Taxable ValueLand$21,140Additions$190,220Total$211,360
Tax Record2023$4,293 ($358 / month)
Home Facts
Beds2Total Finished SqFt1,060 SqFtAbove Grade Finished SqFt1,060 SqFtLot Size1,048 SqFtStyleCondominiumYear Built1973Year Renovated1974ZoningRM-1CountyBROWARDAPN50-42-31-AG-0010

Schools near 5140 Southwest 40th Avenue, Unit 1C

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Stirling Elementary School
PublicPK to 5

Attucks Middle School
Public6 to 8

Hollywood Hills High School
Public9 to 12

Sheridan Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Realty Group Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.