1151 NE 17TH Court, Fort Lauderdale FL 33305
Fort Lauderdale, FL 33305
$2,990,000
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- Price
- $2,990,000
- Building size
- 7,454
- Property type
- Multi Family
- Year built
- 1985
- Lot size (sq ft)
- 13,158
- MLS number
- B26100393
This listing is courtesy of Inbal Ruiz, 954-246-4123.
About this property
13-unit multifamily investment opportunity in Fort Lauderdale at 1151 NE 17th Ct. Unit mix includes 11 one-bedroom/one-bath apartments, one studio/one-bath apartment and one three-bedroom/two-bath apartment. Current scheduled rents total $24,450 monthly, or $293,400 annually. Reported trailing 12-month NOI of $197,115 reflects a 6.6% cap rate at the $2,990,000 asking price, approximately $230,000 per unit. Property features include select renovated interiors and laundry income. An opportunity to acquire an income-producing apartment property with a diverse unit mix.
Details
- Property type
- Multi Family
- Year built
- 1985
- Lot size (sq ft)
- 13,158
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC