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 do not disturb the tenants.
Sold for $1,950,000 on 04/12/24
$1,950,000
1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304
5beds
4baths
5,904sqft
Quadruplex
Built in 1957
-- sqft lot
$2,014,800 Zestimate®
$330/sqft
$4,511 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 13, 2024 at 11:38pm
Listed by:
Lindsay Garcia 954-604-7013,
Redfin Corporation
Bought with:
Eric Grabois, 3158895
Envision Realty Group
Source: MIAMI,MLS#: A11402537
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air, Electric, Wall/Window Unit(s)
Features
- Flooring: Vinyl
- Doors: High Impact Doors
- Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
Interior area
- Total structure area: 3,708
- Total interior livable area: 5,904 sqft
Property
Parking
- Total spaces: 10
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Room For Pool
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Parcel number: 494234043780
- Zoning: RC-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Updated/Remodeled
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Location
- Region: Fort Lauderdale
- Subdivision: Progresso
HOA & financial
Other financial information
- Total actual rent: 147600
Other
Other facts
- Listing terms: All Cash,Conventional
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Estimated market value
$2,014,800