1175 SW 16th Ave, Fort Lauderdale (33312)
$1,198,000
0 
0
1,502
PROPERTY DETAILS
| Address: |
view address Fort Lauderdale, FL 33312 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Square Feet: | 1,502 sq.ft. | Year Built: | 1987 |
| Styles: | Fourplex | Property Type: | Quadruplex |
| Neighborhood: | Riverside Park Add Amen P | County: | Broward |
| List Date: | 2024-04-22 | Listing Number: | A11573474 |
| Listed By: | Optimar International Realty | Virtual Tour: | Click Here |
PROPERTY DESCRIPTION
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!!
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Interior
| Central Heat: | Yes | Electric Heat: | Yes |
Exterior
| Living Square Feet: | 1,502.00 | Parking Spaces: | 8.00 |
| Style: | Fourplex |
Property and Lot Details
| Lot Zoned: | RD-15 | Public Sewer: | Yes |
| Public Water: | Yes | Subdivision: | RIVERSIDE PARK ADD AMEN P |
| Taxes: | 7,351.00 | Transaction Type: | Sale |
| Year Built: | 1987 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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