1151 Ne 17th Court, Fort Lauderdale, FL 33305

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List Price
$2,990,000
Days on Market
1
MLS#
B26100393
Year Built
1985
Lot Size
13,158
Acres
0.30

Property Description

13-unit multifamily investment opportunity in Fort Lauderdale at 1151 NE 17th Ct. Unit mix includes 11 one-bedroom/one-bath apartments, one studio/one-bath apartment and one three-bedroom/two-bath apartment. Current scheduled rents total $24,450 monthly, or $293,400 annually. Reported trailing 12-month NOI of $197,115 reflects a 6.6% cap rate at the $2,990,000 asking price, approximately $230,000 per unit. Property features include select renovated interiors and laundry income. An opportunity to acquire an income-producing apartment property with a diverse unit mix.

Additional Information

Taxes
$41,185
Community Features
Not Found
Property Description
Multi Family
Zoning
RML-25
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
CBS Construction, Frame, Frame With Stucco
Roof
Tar/Gravel, Flat Tile, Flat Roof With Facade Front, Tar & Gravel Roof

Listing Courtesy Of Inbal Ruiz, Contact:

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