Sold

1133-1137 NE 17th Ave

Fort Lauderdale FL, 33304

$1,950,000


$330.28 per sqft

Sold

5,904 sqft

Multi-family

Built in 1957

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.

A11402537

MLS ID

June 30, 2023

Listed

April 14, 2024

Updated

Map

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

Interior Features

Total Stories

1


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric, Wall/Window Unit(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Exterior Features

Fruit Trees, Room For Pool


Lot Features

1/4 To Less Than 1/2 Acre Lot


Architectual Style

Attached


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Progresso


Taxes

$18,777


Tax Frequency

Annually


Days on Market

251


Garage

No


Parking Total

10


View

No


County

Broward County


Water Source

Municipal Water


Pool

No


Zoning

RC-15


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/14/2024

Sold

$1,950,000

3/13/2024

Under Contract

12/14/2023

Price Change

$2,250,000

7%

11/2/2023

Active

10/19/2023

Under Contract

Listed by:  Redfin Corporation
Listing Contact: 954-604-7013 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 8:07 AM UTC, 4/14/2024.

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