Interior
- Bedrooms
- 0
- Bathrooms
- 0
Active · SingleFamilyResidence
$869,000
20321 SW 48th St, Southwest Ranches, FL 33332
- Beds
- 0
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 2020
- Lot size
- 61,187 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Direct waterfront property backing to a canal ready to build! Lot is zoned A-1, and was previously approved to build on by city of Southwest Ranches. This property has already been De-mucked, FPL brought power from main feed from Griffin insuring faster power restoration, as well as Fiber internet from AT&T. In addition to that, a driveway was installed for access from SW 48 Street, a new well, pump and 300 gallon tank were installed for fresh running water along with a new septic system that was put in to comply with the approved plans. A 500 gallon propane tank also sits on the property. Continue were the previous owners left off, or make this your own custom waterfront property!
Property location
Get Directions20321 SW 48th St, Southwest Ranches, FL 33332
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 2020
- Lot size
- 61,187 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $0
- County
- Broward
- MLS listing ID
- A11678589
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,700
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $4,120/mo
- Down payment
- $217,250
- Loan amount
- $651,750
- Annual NOI
- $29,030
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.