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1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304
$1,950,000
1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304View this property at 1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304
1133-1137 NE 17th AveFort LauderdaleFL33304
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Property Description
Multifamily building with 7 units is ideally located in one of Ft Lauderdale's premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please do not disturb the tenants.
Full Property Details
Full Property Details for 1133-1137 NE 17th Ave
General
- Sold For: $1,950,000
- Taxes: $18,777 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: A11402537
- Added to Site: 334 day(s) ago
Rental Information
- Rent Includes: Electricity, Sewer, Trash Collection, Water
Interior
- Flooring: Vinyl
Exterior
- Exterior Features: Fruit Trees, Room for Pool
- Deck/Patio: Patio
Parking
- Total Spaces: 10
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
Community
- Community Name: Progresso
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Roof: Shingle
- Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Stories/Levels: 1
- Building Size: 3708
- Square Feet: 5,904
- Living Area: 5,904 Sq. Ft.
- Year Built: 1957
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Potential Use: Investment
- Zoning: RC-15
Financial Considerations
- Price Per Sq. Ft.: $330.28
- Operating Expenses: $58,560
- Tax Amount: $18,777
- Tax Year: 2022
- Terms: All Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Documents Avail.: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Copy Of Lease(S), Personal Property Inventory, Rent Rolls
- Legal Description: PROGRESSO 2-18 D LOT 3, 4 BLK 158
- Property ID: 494234043780
Listed by Redfin Corporation
Sold by Envision Realty Group
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Schools
Schools serving 1133-1137 NE 17th Ave
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1755 Ne 14th St, Ft Lauderdale, FL 33304 | PK-5 | 0.3 mi | |
1750 Ne 14th St, Ft Lauderdale, FL 33304 | 6-8 | 0.3 mi | |
1600 Ne 4th Ave, Ft Lauderdale, FL 33305 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1133-1137 NE 17th Ave
Date
Details
Price
Change
Source
4/12/2024
Sold
$1,950,000
-13.33%
MLS
12/14/2023
Price Increased
$2,250,000
7.14%
MLS
6/30/2023
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304 (MLS# A11402537) is a Multi-Family property that was sold at $1,950,000 on April 12, 2024. Want to learn more about 1133-1137 NE 17th Ave? Do you have questions about finding other Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.