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1521 SE 2nd Ct # 8, Fort Lauderdale FL 33301

Commercial For Sale
$1,900,000

BTC: 20.25586570

ETH: 593.46810265

New
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $172,000 annually, offering a 6.5% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!

Location

Facts and features

Type:
Commercial Sale
Parking:
On Street
Year Built:
1961
Lot:
5500 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Other

    • Vinyl

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • On Street

    Lot

    • Lot: 5500 Square Feet

    Other Property Information

    • Parcel Number: 504211012540

    • Zoning: RC-15

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $26,901

  • Source details

    • MLS ID: A11691076

    Other facts

    • Construction Materials: CBS Construction

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Fausto Commercial Realty Consultants Inc