About 1150 Ne 17th Court
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.
Features of 1150 Ne 17th Court
| MLS® # | B26085867 |
|---|---|
| Price | $13,249,000 |
| Acres | 0.42 |
| Year Built | 1974 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | New |
Community Information
| Address | 1150 Ne 17th Court |
|---|---|
| Area | 3370 |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33305 |
Amenities
| Utilities | Cable Connected, Electricity Available, Sewer Available, Water Connected |
|---|---|
| Parking | Assigned, Common |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| # of Stories | 2 |
Exterior
| Roof | Flat, Shingle, Tile, Tar/Gravel |
|---|---|
| Construction | Frame, CBS |
Additional Information
| Zoning | RM-15 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Inbal Ruiz |
|---|