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Sold for $1,950,000 on 04/12/24
  • $1,950,000

    1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304

    5beds
    4baths
    5,904sqft
    Quadruplex
    Built in 1957
    -- sqft lot
    $2,014,800 Zestimate®
    $330/sqft
    $4,511 Estimated rent

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    $4,511/mo

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    $4,511/mo

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    $13,480/mo

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    $13,480/mo

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    What's special

    Multifamily building with 7 units is ideally located in one of Ft Lauderdale’s premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please do not disturb the tenants.

    Zillow last checked: 8 hours ago

    Listing updated: April 13, 2024 at 11:38pm

    Listed by:

    Lindsay Garcia 954-604-7013,

    Redfin Corporation

    Bought with:

    Eric Grabois, 3158895

    Envision Realty Group

    Source: MIAMI,MLS#: A11402537MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air, Electric, Wall/Window Unit(s)
    Features
    • Flooring: Vinyl
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
    Interior area
    • Total structure area: 3,708
    • Total interior livable area: 5,904 sqft

    Property

    Parking
    • Total spaces: 10
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Room For Pool
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    • Residential vegetation: Fruit Trees
    Details
    • Parcel number: 494234043780
    • Zoning: RC-15

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete Block Construction
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & neighborhood

    Location
    • Region: Fort Lauderdale
    • Subdivision: Progresso

    HOA & financial

    Other financial information
    • Total actual rent: 147600

    Other

    Other facts
    • Listing terms: All Cash,Conventional
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    Estimated market value
    $2,014,800