Address
Not Disclosed, Fort Lauderdale, FL
Price
$ 1,425,000
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

Property vs Income Average in 33304

Price
AVG $1.39M
$1.43M
Taxes
AVG $11,491
$13,674
Visits
AVG 632
37
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1985

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