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Sold for $765,000 on 09/05/24
  • $765,000

    499 NW 42nd St, Fort Lauderdale, FL 33309

    --beds
    --baths
    3,500sqft
    Quadruplex
    Built in 1969
    -- sqft lot
    $732,000 Zestimate®
    $219/sqft
    $2,874 Estimated rent

    What's special

    Significant price improvement. Price per unit is tough to beat In the heart of Oakland Park you will find this effeciently designed building with a big shed inside a new fence and gate. Roof is sound and redone in 2017. Plenty of parking on two sides of the building. BCPA says it is 7 units. It is 5 one bedrooms units and 1 efficiency house long term tenants. 5 are month to month and 1 lease expires in the Aug 31, 2024 and will not be renewed. Rents are below market with plent of room to raise rent. $142000 per unit. Large storage shed conveys with sale. Units 5 (one BR) and 6 (efficiency) were at one time a 2 BR 2 Bath unit and could be put back as a two bedroom with little work.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 11:43am

    Listed by:

    Mike Biggie 954-663-6362,

    Charles Rutenberg Realty FTL

    Bought with:

    Joseph Torregrossa, 0561175

    Rich Homes of Florida

    Source: BeachesMLS ,MLS#: F10448933MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Heating
    • None
    Cooling
    • Electric
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 3,500 sqft

    Property

    Parking
    • Total spaces: 10
    Features
    • Stories: 1
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 494222081050
    • Zoning: RM-16

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete
    • Roof: Composition
    Condition
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Fort Lauderdale
    • Subdivision: Prospect Gardens 22-26 B

    HOA & financial

    Other financial information
    • Total actual rent: 5800

    Other

    Other facts
    • Listing terms: Cash,Other
    Services availability
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    Estimated market value

    $732,000