Contemporary style 2 story apartment complex built in 1978, has 8 units in total, 1 2 1 and 7 1 1's all with private entrances and patio, balconies, central ac.


Property

Website:https://www.nestseekers.com/5262863
Address:
Apt: 1-8
Fort Lauderdale, FL 33316
Ownership: For Sale
Type: Unknown
Lot Size: 0.3 Acres

Financials

Price:$1,750,000
Annual Taxes:$18,800

Description

Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central ac. Complex has 12 parking spaces guest and assigned. Total square footage under air is 5,104 and total lot square ft. 14,300, all of the 8 units are month to month. Present rents are below market value /w/renovations the potential gross income of $175,000 + POSSIBILITY of a 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location mins to beaches, restaurants, shoppes, groceries and expressway.

Amenities

  • Fire Alarm

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of One Sotheby's Int'l Realty

Fort Lauderdale FL 33316 USA