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
Agent info
Contact Agent