For sale
Photo 1 of 52$13,249,000
For sale1401 NE 17TH Court, Fort Lauderdale FL 33305
21,516 sq ftBuilt 1975MLS# B26085659
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About this property
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.
Features
- Pool
Property details
- Property type
- Multi-family
- Year built
- 1975
- Living area
- 21,516 sq ft
- Price per sq ft
- $616
- HOA fee
- /mo
- Property taxes
- $89,143/yr
- Building / community
- Mr Wiltron
- Status
- For sale
- MLS #
- B26085659
Location
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