
$13,249,000
Commercial for Sale, 1150 NE 17TH Court, Fort Lauderdale, Florida 33305
- MLS#B26085867
Listed By Inbal Ruiz
The Commercial Property for Sale located at 1150 NE 17TH Court, Fort Lauderdale, Florida 33305 is currently for sale.
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.
Location
1150 NE 17TH Court, Fort Lauderdale, Florida 33305
Property features
Construction
- Year built: 1974
- Roofing: Tar And GravelTileShingle
- Roof type: Flat
- Construction: FrameCbs Construction
Parking/Garage
- Parking description: Common LotAssigned
Interior Features
- Floors: TileWood
Security
- Features: Smoke Detector
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Other utilities: PublicSewer Available Off SitePublic Sewer