SQUARE FEET9,770
MLS#B26085867
STATUSActive
PROPERTY TYPECommercial - Business
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.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Heating: Central
Lot Size: 0.42 Acres
Roof Type: Flat, Shingle, Tile, Tar/Gravel
Stories: 2.0
Taxes: $49,087
Year Built: 1974
Feature Descriptions
Days on Site: 21
Exterior: Frame, CBS
Flooring: Tile, Wood
Parcel#: 494235040010
Parking: Assigned, Common
Parking Notes: Assigned, Common
Security: Smoke Detector(s), None
Sewer: Public Sewer
Structure Type: Warehouse
Units: 55
Utilities: Cable Available, Electricity Available, Sewer Available, Water Connected
Utilities: Cable Available, Electricity Available, Sewer Available, Water Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: Inbal Ruiz
Agency Phone: 954-246-4123
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
1150 NE 17th Court | MLS# B26085867
This commercial property located at 1150 NE 17th Court, Fort Lauderdale, FL 33305 is currently listed for sale with an asking price of $13,249,000. Search Fort Lauderdale real estate on www.realty100.com today.