Basic Information

  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex PROGRESSO
  • Year Built 1957
  • Total Sqft 5,904
  • Date Listed 06/30/2023
  • Days on Market 287
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Exterior Features Fruit Trees, Patio, Room For Pool, Security High Impact Doors
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 5,904Sq.Ft
  • Cooling Description Central Air, Electric, Wall Window Units
  • Floor Description Vinyl
  • Heating Description Electric
  • Sqft 5,904 Sq.Ft

Property Features

  • Address 1133-1137 NE 17th Ave
  • Aprox. Lot Size 3,708
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info PROGRESSO
  • Tax Amount $18,777
  • Tax Legal desc PROGRESSO 2-18 D LOT 3,4 BLK 158
  • Tax Year 2022
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

1133-1137 NE 17th Ave

Fort Lauderdale, FL 33304

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