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1721 8, Fort Lauderdale, FL 33304

Commercial For Sale
$2,100,000

BTC: 22.45677072

ETH: 561.79023823

2 days
0 room(s)
4,745 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

SEE OFFERING MEMORANDUM FOR MORE DETAIL*Pro-Forma Cap rate is with no required windstorm insurance for a seller financed deal.Rarely do you find an investment where the land value is nearly identical to the income value. While this property can provide a nice return, redevelopment may be the highest and best use in the long run. This provides steady cash flow while you plan your project. The streets surrounding these two adjacent properties are filled with luxury townhomes. Recently, the building across the street was demolished to make way for a luxury project.There are currently two separate buildings that make up the 7 units for a total of 4,745 SF of structure. The two lots of land total 14,250 SF.

Location

Florida • Fort Lauderdale • 33304 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1966
Lot:
No Data
Heating:
No Data
Price/sqft:
$443
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 494234060100

    • Zoning: RMM-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $34,050

  • Source details

    • MLS ID: RX-11041532

    Other facts

    • Garage: Yes

    • Living Area: 4745

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. 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: Coldwell Banker Commercial