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335 SW 20th St, Fort Lauderdale FL 33315

Commercial Recently Sold
$4,280,000

BTC: 67.93650794

ETH: 2,451.31729668

Sold on: 2023-09-14
93 days
0 room(s)

Overview

New to market Extensively Renovated Apartment Complex Completed in 2022 Producing $423k Gross on annual Leases, $289,617k NET @ 6.5% CAP Properly Underwritten on sale-price taxes, Expenses, Vacancy & Maintenance 14 large units with 26 bedrooms, 80 windows, Private yards, 23 Parking spots. 10,000sqft, 3 lots totaling Half an acre Impact Windows & Doors, Kitchens, Railings, Plumbing & Driveway Paving 2019 HVAC & Updated electric & New Roof with 20 year warranty 40 Year certification in 2019 4 Point Wind Inspection 2023 located in a Million-dollar home neighborhood, on 4th Avenue, very close to near Downtown Las Olas, International Airport & Shipyard, Marina Mile Yacht industry. High Demand area for Airline & Ship workers, Stewardesses, Traveling Nurses, Remote workers.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1975
Lot:
22000 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,045,000
$1.1M – $4.4M
Confidence Low
List vs. estimate
$2.9M above estimate
List $4,900,000 · +139.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$32,000
Parking
23 spaces
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Lot

    • Lot: 22000 Square Feet

    Other Property Information

    • Parcel Number: 504215015250

    • Zoning: RM-15

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Green energy

    • Doors

    • HVAC

    • Windows

  • Other financial information

    • Annual tax amount: $32,000

  • Source details

    • MLS ID: A11380700

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

    • Lot Size Dimensions: 218x140

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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 ©2026-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: The Keyes Company