$1,425,000
$1,495,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 11/30/2022
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Redwood Apartments
MLS Listing ID F10336705
Sold Date 11/30/22
Construction Status Resale
HOA Y/N No
Year Built 1961
Annual Tax Amount $13,509
Tax Year 2021
Lot Size 0.303 Acres
Property Description
Located less than one mile from Wilton Drive, the heart of the city! Additionally, this property offers great convenience along the Andrews Ave corridor to downtown Fort Lauderdale – an ideal combination for tenant interest. The attractive security gate leads into a tropically landscaped courtyard that creates private entrances. Building completed 40 Year inspection and new electric breaker panels in 2022. The roof was replaced in 2016 and termite tenting was done in 2020. Windows are equipped with accordion windstorm shutters. All but 1 unit offer tile flooring and various units have kitchen & bath upgrades. The rents are years behind the market and the month to month agreements make this upside potential available quickly. No site visits without appointment and prior offers preferred.
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RM12
Interior
Flooring Carpeted Floors, Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Story 1.0000
Foundation Cbs Construction, Wood Siding
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Self Proprietor/Individual
Security Features Security Gate
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with Fisher Bray Real Estate