$1,325,000
$1,340,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/12/2021
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Colee Hammock
MLS Listing ID F10277355
Sold Date 07/12/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $9,963
Tax Year 2020
Property Description
Are you looking for a unique property only 3 blocks away from Las Olas Boulevard? You just found it. As you can see in the photos all units have been tastefully remodeled. This rare gem includes 4 fully furnished apartments each with private enclosed patio areas:1 studio,2 one-bedroom units & 1 two-bedrooms. New roof, a/c units, impact windows, kitchens, appliances, @ much more. Your cap rate is determined by how you run the operation either as a vacation rental or a yearly rental. Location, location, location. Located in the heart of E Ft. Lauderdale, very close to the beach and walking distance to entertainment, shops, & restaurants. It is already registered and code-compliant as a 4-unit short-term with the State & the City and produces in excess of $150,000 gross income per year.
Location
State FL
County Broward County
Area Ft Ldale Se (3280;3600;3800)
Interior
Heating Central Heat
Cooling Electric Cooling
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Concrete Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, Cryptocurrency
Listing Terms Cash, Conventional, Cryptocurrency
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Bought with Overseas Partners Realty, Inc.
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