Contact
Tell us about your needs

1175 SW 16th Ave, Fort Lauderdale FL 33312

Multi-family For Sale
$1,198,000

BTC: 17.90423060

ETH: 384.20093902

25 days
0 room(s)
1,502 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two badroom two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1987
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$798
Cooling:
Electric
HOA:
No Data
All facts and features
  • Flooring

    • Other

    • Terrazzo

    Heating

    • Central

    • Electric

    Cooling

    • Electric

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 504209130421

    • Zoning: RD-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $7,351

  • Source details

    • MLS ID: A11573474

    Other facts

    • Construction Materials: Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Other Windows

    • Architectural Style: Detached

    • Living Area: 1502

    • Water Source: Municipal Water

    • Subdivision Name: RIVERSIDE PARK ADD AMEN P

Similar Homes

902 SE 12th Ct, Fort Lauderdale FL 33316 placeholder 902 SE 12th Ct, Fort Lauderdale FL 33316
New
For Sale
House
$1,150,000
3 bds 2 ba 2,104 sqft
902 SE 12th Ct, Fort Lauderdale FL 33316
1144 NE 17th Way, Fort Lauderdale FL 33304 placeholder 1144 NE 17th Way, Fort Lauderdale FL 33304
1 days
For Sale
Multi-family
$899,000
0 room(s)
1144 NE 17th Way, Fort Lauderdale FL 33304
1145 NE 17th Way, Fort Lauderdale FL 33304 placeholder 1145 NE 17th Way, Fort Lauderdale FL 33304
1 days
For Sale
House
$899,000
3 bds 3 ba 1,593 sqft
1145 NE 17th Way, Fort Lauderdale FL 33304
1705 NE 11th St, Fort Lauderdale FL 33304 placeholder 1705 NE 11th St, Fort Lauderdale FL 33304
2 days
For Sale
House
$1,050,000
4 bds 3 ba 2,817 sqft
1705 NE 11th St, Fort Lauderdale FL 33304
333 Las Olas Way, Fort Lauderdale, FL 33301 placeholder 333 Las Olas Way, Fort Lauderdale, FL 33301
3 days
For Sale
Condo/Co-op
$1,198,500
2 bds 2 ba 1,869 sqft
333 Las Olas Way, Fort Lauderdale, FL 33301
514 N Victoria Park Rd, Fort Lauderdale FL 33301 placeholder 514 N Victoria Park Rd, Fort Lauderdale FL 33301
3 days
For Sale
House
$1,500,000
3 bds 3 ba 1,541 sqft
514 N Victoria Park Rd, Fort Lauderdale FL 33301
605 NE 17th Way # 3, Fort Lauderdale FL 33304 placeholder 605 NE 17th Way # 3, Fort Lauderdale FL 33304
4 days
For Sale
Townhouse
$1,075,000
3 bds 2 ba 2,194 sqft
605 NE 17th Way # 3, Fort Lauderdale FL 33304
1236 SW 4th Ave, Fort Lauderdale FL 33315 placeholder 1236 SW 4th Ave, Fort Lauderdale FL 33315
4 days
For Sale
Townhouse
$899,000
3 bds 2 ba 2,159 sqft
1236 SW 4th Ave, Fort Lauderdale FL 33315

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: Optimar International Realty