1150 NE 17TH Court
1150, 17TH, Fort Lauderdale, FL, 33305Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 2, 2
- Lot size: 18334, 18334 sq ft
- Year built: 1974
- County: Broward
- MLS ID: B26085867
Description
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Description:
LAUDERDALE PARK 6-33 1/2 B LOT 1 THRU 3,33 BLK 1 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.
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Location
- Lot Size Acres: 0.42 acres
Building Details
Amenities & Features
- Parking Features: Assigned,Common
- Security Features: SmokeDetectors
- Parking Total: 25
- Roof: Composition,Flat,Shingle,TarGravel,Tile
- Utilities: CableAvailable,ElectricityAvailable,WaterAvailable,SewerAvailable
- Cooling: CentralAir
- Electric: Volts110,Volts220
- Heating: Central
Expenses, Fees & Taxes
- Tax Annual Amount: $49,087
- Other Expense: 0
- Tax Year: 2025
Miscellaneous
- List Office Name: Inbal Ruiz
- Listing Terms: Cash,Conventional,Exchange1031
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 1150, 17TH, Fort Lauderdale, FL, 33305 was built in 1974, and is listed at $13,249,000.