Back to Results Property

1151 Ne 17th Court, Fort Lauderdale, FL 33305

$2,990,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $2,990,000
MLS#: B26100393
Lot Size: 13,158
Subtype: Multi Family
County: Broward
Community: Not Found
Year Built: 1985

Refine Search

Property Description

13-unit multifamily investment opportunity in Fort Lauderdale at 1151 NE 17th Ct. Unit mix includes 11 one-bedroom/one-bath apartments, one studio/one-bath apartment and one three-bedroom/two-bath apartment. Current scheduled rents total $24,450 monthly, or $293,400 annually. Reported trailing 12-month NOI of $197,115 reflects a 6.6% cap rate at the $2,990,000 asking price, approximately $230,000 per unit. Property features include select renovated interiors and laundry income. An opportunity to acquire an income-producing apartment property with a diverse unit mix.

954-557-5993

Search All Properties

Additional Information

Status Label: ACTIVE
Total Unitsin Complex: 13
Construction: CBS Construction, Frame, Frame With Stucco
Cooling: Central Air
Flooring: Tile
Heating: Central
Lot Description: 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
Parking: Common
Roof: Tar/Gravel, Flat Tile, Flat Roof With Facade Front, Tar & Gravel Roof
Security: No Fire Protection, No Security
Taxes: $41,185
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available
Total Floors: 2
Stories: 2
Roofing: Tar/Gravel, Flat Tile, Flat Roof With Facade Front, Tar & Gravel Roof
Acres: 0.30