1401 NE 17TH Court, Fort Lauderdale FL 33305
Fort Lauderdale, FL 33305
$13,249,000
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- Price
- $13,249,000
- Square feet
- 21,516
- Property type
- Quadruplex
- Year built
- 1975
- Lot size (sq ft)
- 39,944
- MLS number
- B26085659
This listing is courtesy of Inbal Ruiz, 954-246-4123.
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.
Details
- Property type
- Quadruplex
- Year built
- 1975
- Lot size (sq ft)
- 39,944
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC