1401 NE 17TH Court, Fort Lauderdale, FL 33305
- $13,249,000
- 21,516
- SqFt
- List Price
- $13,249,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- B26085659
- Subtype
- Residential Income
- Year Built
- 1975
- Living Area
- 21,516
- Acres
- 0.92
- Subdivision
- Mr Wiltron
- Neighborhood
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
- MLS Area Major
- 3380
Property Description
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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Additional Information
- Exterior Features
- Garden
- Taxes
- $89,143
- Zoning
- RML-25
- Flooring
- Tile, Wood
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Stories
- 1
- Levels
- One
- Roof
- Flat, Shingle, Tile
- Foundation
- Block
- Pool
- Yes
- Elementary School
- Bennett
- Middle School
- Sunrise
- High School
- Fort Lauderdale
- View
- Garden, Other, Pool
Listing courtesy of Inbal Ruiz. Contact:
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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Inbal Ruiz | Email: ruizinbal@gmail.com