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1401 Ne 17th Court, Fort Lauderdale, FL 33305

$6,110,000

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List Price: $6,110,000
MLS#: B26100404
Lot Size: 39,944
Subtype: Multi Family
County: Broward
Community: Not Found
Year Built: 1980

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Property Description

26-unit multifamily investment opportunity in Fort Lauderdale! Located at 1401 NE 17th Court, this apartment community features all two-bedroom, one-bath residences, a courtyard and an outdoor swimming pool. Current scheduled rents total $52,059 per month, or $624,708 annually. Reported trailing 12-month NOI of $382,468 for November 2025-October 2026 represents an approximately 6.3% cap rate at the $6,110,000 asking price. Offered at $235,000 per unit, with additional income from laundry and application fees. An opportunity to acquire an income-producing apartment community with a consistent unit mix.

954-557-5993

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Additional Information

Status Label: ACTIVE
Total Unitsin Complex: 26
Construction: CBS Construction, Frame, Frame With Stucco
Cooling: Central Air
Flooring: Tile, Wood
Heating: Central
Lot Description: 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre
Parking: Assigned
Roof: Tar/Gravel, Tile, Composition Roll, Flat Tile, Flat Roof With Facade Front, Tar & Gravel Roof, Tile Roof
Security: No Fire Protection, No Security
Taxes: $89,143
Utilities: Cable Connected, Electricity Connected, Cable Available, Electricity Available, Sewer Available, Water Available
Total Floors: 2
Stories: 2
Roofing: Tar/Gravel, Tile, Composition Roll, Flat Tile, Flat Roof With Facade Front, Tar & Gravel Roof, Tile Roof
Acres: 0.92