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1150 NE 17TH Court, Fort Lauderdale FL 33305

Fort Lauderdale, FL 33305

$13,249,000

  • 1150 NE 17TH Court, Fort Lauderdale FL 33305, photo 1 of 48: 18A85D55-A1C9-43D2-BFB1-ACDDA5113AD4
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Price
$13,249,000
Building size
9,770
Property type
Multi Family
Year built
1974
Lot size (sq ft)
18,334
MLS number
B26085867

This listing is courtesy of Inbal Ruiz, 954-246-4123.

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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.

Details

Property type
Multi Family
Year built
1974
Lot size (sq ft)
18,334

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

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1150 NE 17TH Court, Fort Lauderdale FL 33305 | Newmar Brokerage, LLC