Property Description
26-unit multifamily investment opportunity in Fort Lauderdale! Located at 1401 NE 17th Court, this apartment community features all two-bedroom, one-bath residences, a courtyard and an outdoor swimming pool. Current scheduled rents total $52,059 per month, or $624,708 annually. Reported trailing 12-month NOI of $382,468 for November 2025-October 2026 represents an approximately 6.3% cap rate at the $6,110,000 asking price. Offered at $235,000 per unit, with additional income from laundry and application fees. An opportunity to acquire an income-producing apartment community with a consistent unit mix.
Features
- Heating System
- Cooling System
- Parking Features
- Roof
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33305
- Street:
- 1401 Ne 17th Court, Fort Lauderdale, Florida 33305
- Longitude:
- W81° 52' 10.2''
- Latitude:
- N26° 9' 2''
MLS Addon
- Building Area:
- 21,516 Sqft
- Construction Materials
- Electric
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 494235420010
- Stories Total:
- 2
- Tax Annual Amount:
- $89,143
- Utilities
Commercial Sale For Sale
1401 Ne 17th Court, Fort Lauderdale, Florida 33305, Fort Lauderdale, Florida 33305
39,944 Sqft
$6,110,000
MLS # #B26100404
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $6,110,000
- Year Built :
- 1980
- Lot Area :
- 39,944 Sqft
- MLS # :
- B26100404
