Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 2691, 2691 sq ft
- Year built: 2007
- County: Broward
- Lease Term: TwelveMonths
- MLS ID: A11857454
Description
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Description:
SEMINOLE FOREST 14-16 B PORTION LOT 11 BLK 3 DESC AS: COMM SE COR LOT 9,W 107.40 ALG S/L TO POB,W 38.79,NWLY ARC DIST 23.60,N 35.93,E 53.83, Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.
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Location
- Directions: I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.
Building Details
Amenities & Features
- Window Features: ImpactGlass
- Cooling: CentralAir
- Exterior Features: SecurityHighImpactDoors
- Heating: Central
Expenses, Fees & Taxes
- Association Fee: $250
Miscellaneous
- Association Fee Frequency: Monthly
- List Office Name: Charles Rutenberg Realty FTL
- Listing Terms: Cash,Conventional,Exchange1031
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Fort Lauderdale was built in 2007, and is listed at $5,200,000.