5500 N Military Trail, Boca Raton, FL 33496 (MLS# R11094622)


$480,000
5500 N Military Trail
Boca Raton, FL 33496
MLS# R11094622
Status: Closed



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Property Description
What you are buying is the fund with all the upside plus monthly distributions this portfolio has 8 funds and 18 class A multifamily properties. fractional share distributions. All funds throw-off different amounts and they all have different cap rates. Please reach out for more details. We are selling our equity shares. Take advantage of an already proven and secure investment. The fund is co-invested in the property with Cardone REIT.Call for information on the rest of the properties and see attached photos with summaries. The big deal here is the monies have been invested on average 6-7 years.

Details
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-05-29
Status: Closed
Original List Price: 1395000
Sold Price: $480,000
Current Price: $480,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Boca Raton
Postal Code: 33496
Geographic Area: PB06
Property Description: Cardone capital
Country: United States
Street Number: 5500
Street Direction Prefix: N
Street Name: Military
Street Suffix: Trail
State Or Province: FL
Area: 4360
Parcel Number: 06424701280000020
Zoning: Multifamily
Directions: Multiple properties throughout florida
General Property Information
Lot Size Area: 0
Stories: 10
Property Sub Type: Multi Family
Building Area Source: Public Records
Year Built: 2017
Currently Not Used
Number Of Units Total: 1000
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2026-03-17T22:41:24Z
Major Change Type: Status Change
Status Change Date: 2026-03-17
Under Contract Date: 2026-03-09
Close Date: 2026-03-17
Close Price: 480000
Electric
Three Phase: 1
Flooring
Other: 1
Documents Available
Appraisal: 1
Books & Records: 1
Financial Statement: 1
Photos: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Building and Property Details
% Air Conditioned: 100
Maximum Ceiling Height: 9
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Roof
Other: 1
Security Features
Fire Sprinkler System: 1
Water Source
Public: 1
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Call Listing Agent: 1
Contingencies
None: 1
Financial Information
Tax Year: 2025
Tax Legal Description: Multiple buildings 18
Originating Details
Originating System Key: 20250529125447267163000000
Originating System ID: M00000170
Property Features
Documents Available: Appraisal; Books & Records; Financial Statement
Electric: Three Phase
Flooring: Other
Heating: Central; Electric
Possession: Close Of Escrow
Cooling: Central Air
Listing Terms: Cash
Roof: Other
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public
Showing Requirements: Call Listing Agent
Contingencies: None
Supplements
 All investments in the funds that are owned have a target multiple of 2.5 or greater.  Cardone Capital has a potential up to a 10 year Hold on each individual fund With the sweet spot of usually a 7-8 year sale possible.  94%, which is roughly $1.2 million the portfolio Has an acquisition date that is in or past that half point of the 10 year target hold. That means 94% or $1.2 million is at or past that five year mark already.  Seller has received over $350,000 in distributions in the portfolio so far.  You get paid every 15th of the month and not once was one payment ever late or missed not even during Covid.  Here are 2 scenarios for the near future of Cardone Capital portfolio.  Scenario A, If you simply go off the 7 to 8 year model Of which more than 94% or $1.2 million of my portfolio falls into a 1 to 3 year remaining time frame for a sale. When you take into Cardone Capitals Target Multiple of 2.5X This means that an individual acquiring my portfolio would receive a gross sum of 3,000,000 dollars Upon the sale of these properties. $3,000,000  $1,200,000 ( Return of investment) = $ 1,800,000 dollars PROFIT THE INVESTOR WILL BE RECEIVING ALL OF THEIR CAPITAL BACK PLUS AN ADDITIONAL ONE AND A HALF TIMES WITHIN 3 YEARS!  Scenario B, If you simply take the longer of the 9 to 10 year model 94% Or $1.2 million of my Cardone Capital portfolio still falls under that model of 9-10 years Because acquisition of those funds started back in 2019. Using the same target multiple of 2 1/2 times The individual investor would receive the gross amount of $300,000,000 Dollars upon the sale of these Funds. Same $3,000,000  $1,200,000 (return of investment) = $1,800,000 dollars profit Within a 4-5 year time frame. The investor is getting the benefit of the five years plus that the owner has held Cardone Capital.  Owner has two fair market value letters over the last few years with the main average price value of the portfolio of $2.3 million. Which is an Appreciation from the initial investment of $1,273,000.  Cardone Capital also released that they're looking to take their real estate empire public within the next 1-2 years. They have articulated that when they will go, public shares would be able to be sold at whichever price they were set at if an individual wanted to liquidate out of Cardone Capital.

IDX
Listing Office: Compass Florida LLC

Last Updated: March - 17 - 2026

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