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1133-1137 NE 17th Ave Fort Lauderdale, FL 33304
$2,100,000
  • For Sale
  • 5904 SqFt
  • Year Built 1957
  • Multi Family
  • ML# A11402537

Property Details

Overview

Multifamily building with 7 units is ideally located in one of Ft Lauderdale’s premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please drive by only and do not disturb the tenants.

Key Facts

  • SqFt: 5904.00
  • Style: Attached
  • Lot Sq Ft: 0
  • Taxes: $18,777
  • Development: Progresso
  • Zoning: RC-15

Additional Features

  • Exterior Features: Fruit Trees, Room For Pool
  • Parking Spaces: Yes
  • Parking Spaces: 10
  • Stories: 1

Interior & Utilities

  • Heat: Electric
  • A/C: Central Air, Electric, Wall/Window Unit(s)
  • Water: Municipal Water
  • Sewer: Public Sewer

Financial

  • Taxes: $18,777
Listing Information provided courtesy of Redfin Corporation