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(772) 247-7110
Paradise Realty FLA
1401 NE 17TH Court, Fort Lauderdale, FL 33305
- $13,249,000
- 21,516
- SqFt
- List Price
- $13,249,000
- MLS#
- B26085659
- Sq. Ft
- 21,516
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Mr Wiltron
- Region
- 3380
- Year Built
- 1975
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
- Heating
- Central
- Cooling
- Central Air
- Roof
- Flat, Shingle, Tile
- Sewer
- Public Sewer
- Water
- Public
- Exterior Features
- Garden
- Parking Spaces
- 81
- Flooring
- Tile, Wood
- Construction
- Block
- Living Area
- 21,516
- Pool
- Yes
- Elementary School
- Bennett
- Middle School
- Sunrise
- High School
- Fort Lauderdale
- Pets Allowed
- No Pet Restrictions, Yes
Listing courtesy of Inbal Ruiz. Contact: