Address
637 NW 15 TER, Fort Lauderdale, FL
Price
$ 1,580,000
Property Attributes
- MLS#A11514110
- TypeContingent
- CountyBROWARD
- CityFort Lauderdale
- Area3460
- Zip33311
- StyleMultiFamily
- Price$ 1,580,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3388
- Lot Size9,000 SqFt
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
ATTENTION TO ALL INVESTORS looking for a turn key multifamily with solid tenants and great returns. This property consist of 8 legal units, all units have separate FPL meters and one water meter. The property went through an intensive permitted renovation, brand new electrical system, plumbing, sprinkler system, driveway, landscaping and interior remodeling, hurricane shutters in all windows, both roof were done in 2016. Currently collecting $11,631/month with potential to increase it to $12,600 at renewal (two tenants already renewed at $1,575/month). One parking space per unit. Please do not bother tenants. Serious inquiries only!
| Price History | |
|---|---|
| 1/13/2024 | Listed $1,580,000 |
General Features
| Heating | WindowUnit,WallFurnace |
|---|---|
| Cooling | WallWindowUnits |
| Security Features | Fenced |
| Construction Materials | Block |
| Year Built | 1965 |
| Tenant Pays | Electricity |
| Property SubType | MultiFamily |
| Percent Ownership | Limited Partnership |
| County | Broward County |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Contingency | No Contingencies |
| Garage Y/N | No |
| Status | ActiveUnderContract |
| City | Fort Lauderdale |
| Buyer Agent Compensation | 2.5% |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 8 |
| MLS Area | 3460 |
| Lot Size Square Feet | 9000.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 15 TER |
| Listing Terms | Cash,Conventional |
| Property Attached Y/N | No |
| Year Built Details | Resale |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Ok to Lease | Item36Months |
| Lease Renewal Y/N | No |
| MLS Area Minor | Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810) |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11514110 |
| Days on Market | 83 |
| Structure Type | Apartment |
| Standard Status | ActiveUnderContract |
| Occupancy Description | Tenant |
| Property Sub Type Additional | MultiFamily |
| MobileHomeRemainsYN | No |
| PostalCity | Fort Lauderdale |
| Legal Description | DORSEY PARK 19-5 B LOT 25,26 BLK 2 |
Interior Features
| Flooring | Tile,Vinyl |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Assigned |
|---|---|
| Water Source | Public |
| Total Parking | 8.0 |
| Lot Size Area | 9000.0 |
| Spa | No |
| Building Area Total | 3388.0 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Number of Separate Electric Meters | 8 |
| 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 Contingent Average in 33311
Price
Visits
Year Built
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Data Last Updated: May 11, 2024 5:00 AM UTC
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
