507-513 NW 8th Ave Fort Lauderdale FL 33311
8th Ave, Fort Lauderdale,Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Multi Family
- Status: Active
- Bathrooms: 0
- Year built: 2023
- MLS ID: A11517021
Description
-
Description:
$CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALMOST $100,000 IN FUTURE BOOKINGS INCLUDED WITH THE SALE. "SISTRUNK SHADES" IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!
Show all description
Property details
- Total Building Area: 7470
- Number of Buildings: 2
- Disclosures: Owner Is Listing Agent
- Lot Size Square Feet: 12749
- Possession: Closing & Funding
- Road Frontage Type: City Street
- Lot Size Area: 12749
Property Features
- Window Features: Impact Glass
- Parking Features: Assigned,Guest
- Security Features: Motion Detectors,Smoke Detector(s)
- Construction Materials: Block
- Cooling: Central Air
- Cooling Y/N: 1
- Covered Spaces: 0
- Flooring: Tile,Wood
- Heating: Central,Electric
- Heating Y/N: 1
- Parking Total: 7
- Sewer: Public Sewer
- Roof: Shingle
- Waterfront Y/N: 0
- Water Source: Public
Location Details
- County Or Parish: Broward County
- Directions: BROWARD BLVD TO NW 9TH AVE, NORTH TO NW 5TH ST, EAST TO NW 8TH AVE, LEFT TO ENTER THE PROPERTY.
- Zoning Description: RMM-25
Fees & Taxes
- Tax Annual Amount: 6290
- Tax Year: 2023
- Tax Legal Description: North Lauderdale 1-48 D 3-50-42 POR LAND IN BLK 16 DESC AS, COMM NE CORNER OF LOT 20 IN BLK 16, W ALG N/L OF LOT 20 45.08 TO POB, W 29.66
- Association Fee: 0
- Association Fee Frequency: Annually
Miscellaneous
- Public Survey Township: 50
- Public Survey Section: 3
- Year Built Details: Resale
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11517021
Ask our real estate expert about this property
This Multi Family-type commercial real estate is located in 8th Ave, Fort Lauderdale, was built in 2023, and is listed at $2,500,000.