$2,685,000
$2,975,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 06/21/2022
Key Details
Sold Price $2,685,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10318753
Sold Date 06/21/22
Construction Status Resale
HOA Y/N No
Year Built 1924
Annual Tax Amount $23,447
Tax Year 2021
Lot Size 0.264 Acres
Property Description
Rare opportunity to own and manage gorgeous, two story, well-built historic apartment building in the heart of Fort Lauderdale. The 16 large studio apartments (400sf each) feature hardwood floors, stucco walls, modern conveniences with vintage touches. The building features newly updated gas infrastructure for entire building including 13 brand new stoves & 7 new hot water heaters. Of 16 units, 14 units are rented with reliable tenants. Rents range from $780 (under market) - 1100/mo. 1 unit is empty & ready for your creation; another doubles as a work room & laundry facility for the building. Outdoor amenities include two over-sized south-facing front porches on the first and second floors, a tropical paradise garden with a fountain, barbecue, picnic area & ample parking for 16 cars.
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RML-25
Interior
Cooling Central Individual A/C
Flooring Carpeted Floors, Wood Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Story 2.0000
Foundation Cbs Construction, Stucco Exterior Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Self Proprietor/Individual
Acceptable Financing Cash
Listing Terms Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Yaffe International Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "