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.
- Heating System
- Cooling System
- Parking Features
- Roof
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33305
- Street:
- 1150 Ne 17th Court, Fort Lauderdale, Florida 33305
- Longitude:
- W81° 52' 3.2''
- Latitude:
- N26° 9' 2.1''
- Building Area:
- 9,770 Sqft
- Construction Materials
- Cumulative DOM:
- 7
- DOM:
- 7
- Electric
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 494235040010
- Stories Total:
- 2
- Structure Type:
- Warehouse
- Tax Annual Amount:
- $49,087
- Utilities
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1150 Ne 17th Court, Fort Lauderdale, Florida 33305, Fort Lauderdale, Florida 33305
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $13,249,000
- Year Built :
- 1974
- Lot Area :
- 18,334 Sqft
- MLS # :
- B26085867
