Property Description
Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.
Features
- Heating System
- Cooling System
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33311
- Street:
- 202 Nw 14th Ave, Fort Lauderdale, Florida 33311
- Longitude:
- W81° 50' 26.2''
- Latitude:
- N26° 7' 25''
MLS Addon
- Association Fee:
- $250
- Association Fee Frequency:
- Monthly
- Building Area:
- 22,761 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 204
- DOM:
- 205
- Directions:
- I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.
- Exterior Features
- Flooring:
- Tile, Vinyl
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lease Term:
- 12 Months
- Listing Terms:
- Cash,Conventional,1031 Exchange
- Parcel Number:
- 504204500070
- Structure Type:
- Multi Family
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass
Commercial Sale For Sale
202 Nw 14th Ave, Fort Lauderdale, Florida 33311, Fort Lauderdale, Florida 33311
2,691 Sqft
$5,200,000
MLS # #A11857454
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $5,200,000
- Year Built :
- 2007
- Lot Area :
- 2,691 Sqft
- MLS # :
- A11857454
- Property Sub Type :
- Multi Family
