1401 NE 17TH Court, Fort Lauderdale, FL 33305

About This Home

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.

Property Details

Flooring

Tile, Wood

Heating

Central

Cooling

Central Air

Building & Association

Stories

2

Stories Total

2

Association

No

Association Fee

0

Association Amenities

Private Pool

Pets Allowed

Yes

Lot & Construction

Lot Features

1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

39,944

Waterfront

No

View

Garden, Other, Pool, Other Water View

Construction Materials

Concrete Block Construction

Roof

Comp Shingle Roof, Tile, Flat Tile, Flat Roof With Facade Front, Shingle, Tile Roof

New Construction

No

Public Records

Parcel Number

494235420010

Tax Annual Amount

$89,143

Tax Year

2,025

Zoning

RML-25

County Or Parish

Broward County

Location