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Listed by Inbal Ruiz • Inbal Ruiz
$13,249,000
Est. payment /mo
New
1150 NE 17TH CT Fort Lauderdale, FL 33305
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID B26085867
Year Built 1974
Annual Tax Amount $49,087
Tax Year 2025
Property Sub-Type Multi Family
Property Description
EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.
Location
State FL
County Broward
Area 3370
Interior
Heating Central
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Exterior
Parking Features Assigned, Common
Utilities Available Cable Available, Electricity Available
Roof Type Flat Tile, Tar/ Gravel
Others
Tax ID 494235040010
Security Features None,Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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