Income producing 4plex in the heart of Fort Lauderdale. Close to everything. Currently 3 units occupied by excellent and stable year round tenants, only ONE vacancy currently listed for rent at $1,750 (MLS#11229091) . Current Gross Income = $63,000 - Pro Forma Gross Lease $84,000. Expenses estimated at $27,080 (RE Tax, Insurance, Utilities, Pest Control, Landscaping)- Pro Forma CAP 5.2% - ZONED RMM25- Allowing for short term rentals - MAXIMIZE YOUR ROI. DRIVE BY ONLY. DO NOT DISTURB TENANTS. Vacant unit can be shown until it gets rented. Photos are current.
Sold for $925,000 on 12/05/22
$925,000
Fort Lauderdale, FL 33334
5beds
5baths
2,492sqft
Quadruplex
Built in 1962
-- sqft lot
$-- Zestimate®
$371/sqft
$1,582 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 10, 2022 at 06:53pm
Listed by:
Maurizio Oronzo 786-470-9134,
Avanti Way Realty LLC
Bought with:
Debra Jalinas
PMI Best Assets
Source: MIAMI,MLS#: A11265615
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- None
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Flooring: Ceramic Tile, Other
Interior area
- Total structure area: 2,492
- Total interior livable area: 2,492 sqft
Property
Parking
- Total spaces: 8
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494211071500
- Zoning: RMM25
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Other
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Fort Lauderdale
- Subdivision: Coral Ridge Isles
Other
Other facts
- Listing terms: All Cash,Cash,Conventional