$1,275,000

Price reduced

1634 NE 4th Pl, Fort Lauderdale FL 33301

2,779 sq ftBuilt 1966MLS# A12048001

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About this property

This Victoria Park fourplex features three one-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, offering a strong income stream with significant upside potential. Units 1, 2, and 3 have generated over $51,000 in actual revenue year-to-date. There is clear room to maximize total cash flow to current market rates, with projected proforma rents at $2,500 per month for the one-bedroom, one-bathroom layout in Unit 3, and $4,000 per month for the spacious owner-occupied layout in Unit 4. Located just minutes from Las Olas, downtown Fort Lauderdale, and the beach. The property is being sold strictly as-is.

Property details

Property type
Multi-family
Year built
1966
Living area
2,779 sq ft
Price per sq ft
$459
Property taxes
$23,972/yr
Parking
5 spaces
Building / community
Middle River Park
Status
Price reduced
MLS #
A12048001

Listing courtesy of Compass Florida, LLC.

Location

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