Property Attributes
- MLS#A11583953
- TypeIncome
- CountyBROWARD
- CityFort Lauderdale
- Area3370
- Neighborhood¤PROGRESSO
- Zip33304
- StyleFourplex
- Year Built1985
- Taxes$ 13674
- Price$ 1,425,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage3754
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.
Price History | |
---|---|
5/8/2024 | Listed $1,425,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | Other |
Cooling | CentralAir |
Utilities | CableNotAvailable |
Possession | CloseOfEscrow |
Roof | Other |
Architectural Style | Fourplex |
Pool Features | None |
Construction Materials | Block |
Year Built | 1985 |
Stories | 1 |
Levels | One |
Property SubType | Quadruplex |
Tax Year | 2023 |
County | Broward County |
New Construction | No |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | ¤PROGRESSO |
Garage Y/N | No |
Rent Includes | Sewer,TrashCollection,Water |
Status | Active |
Directions | use GPS |
City | Fort Lauderdale |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | RMM-25 |
MLS Area | 3370 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 5th Ave |
Listing Terms | Cash,Conventional |
Property Attached Y/N | No |
Year Built Details | Resale |
Land Lease Y/N | No |
Tax Annual Amount | 13674.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
MLS Area Minor | Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700) |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11583953 |
Days on Market | 10 |
Standard Status | Active |
Occupancy Type | Tenant |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | Fort Lauderdale |
Legal Description | PROGRESSO 2-18 D LOT 27,28,29 BLK 145 |
Interior Features
Flooring | Other |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | No |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14Acre |
---|---|
Total Parking | 7.0 |
Spa | No |
Building Area Total | 3754.0 |
Lot Size Units | SquareFeet |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool