1150 Ne 17th Court, Fort Lauderdale, FL 33305

$13,249,000

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List Price
$13,249,000
Days on Market
1
MLS#
B26085867
Year Built
1974
Lot Size
18,334
Acres
0.42

Property Description

EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.

Additional Information

Taxes
$49,087
Community Features
Not Found
Property Description
Mobile/Rv Parks, Office/Warehouse Combination, Store/Warehouse Combination, Warehouse, Multi Family
Zoning
RM-15
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Cable Available, Electricity Available, Sewer Available, Water Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
CBS Construction, Frame, Frame With Stucco
Roof
Comp Shingle Roof, Tar/Gravel, Tile, Flat Tile, Flat Roof With Facade Front, Shingle, Tar & Gravel Roof, Tile Roof

Listing Courtesy Of Inbal Ruiz, Contact:

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