7551 Alhambra Blvd Miramar, FL 33023
- Commercial real estate
- 1,716 SF
Current Use by Public Records
- Commercial real estate
Property Details for 7551 Alhambra Blvd
- Year built
- 1966
- Property size
- 1,716 SF
- Property type
- Commercial real estate
- APN
- 5141-27-10-0120
Description
This exceptional 3-bedroom, 2-bathroom Miramar home (1,716 sq ft) presents a lucrative investment opportunity as a short-term rental (STR) or Airbnb. Boasting a desirable location near Hard Rock Stadium and the Turnpike, this property features all-tile flooring, a renovated kitchen with a screened-in pool patio and water view, a large circular driveway with a fountain, and a split floor plan including a generous master suite with a walk-in closet and double sinks. An additional office/bedroom adds versatility. The property sits on a 6,293 sq ft lot and includes 5 parking spaces. Built in 1966, this single-story home is zoned RS5 and offers a projected 8% cap rate with a $48,000 projected NOI. Comparable properties in the area are performing exceptionally well, making this a strong investment with no HOA fees. The asking price is $599,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miramar
- County
- Broward
- State
- Florida
- Longitude
- -80.235961
- Latitude
- 25.9802168
