Fort Lauderdale, FL 33305,1607 NE 25th ST 1-5
Listed by Coldwell Banker Commercial NRT
Bought with Coldwell Banker Commercial NRT

$750,000

$799,000

6.1%
Est.Price: ?

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Est. payment /mo

5 Baths

3,130 SqFt


SOLD DATE : 02/27/2020

Key Details

Sold Price $750,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 3,130 sqft

Price per Sqft $239

Subdivision Manor Square

MLS Listing ID RX-10555527

Sold Date 02/27/20

Year Built 1958

Annual Tax Amount $12,705

Tax Year 2018

Lot Size 7,405 Sqft

Property Description

This five unit property was extensively upgraded with high end finishes throughout. It is one of the nicest five unit properties for sale in this submarket and is turnkey. The owners have paid extreme attention to detail while renovating this from floor to ceiling. Four of the units are operated as annual rentals and one units is run as an Airbnb. Owner pays for electric for the entire building which is shown in the expenses. The rate shown fro the fifth unit is for the current Airbnb booking for January and February. We do not have future rates as the unit was previously an annual rental.

Location

State FL

County Broward

Area 3380

Zoning B-2

Interior

Heating Central

Cooling Central Individual

Flooring Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Cable, Electric, Municipal Water, Public Sewer

Roof Type Concrete Tile

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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