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Residential Income

1717 12th

Fort Lauderdale, FL 33304

ML#:F10292369
List Price:$950,000
Status:Closed
Days on Market:68
Listing Brkr:LoKation
Subdivision:Progresso 2-18 D
Bedrooms:0
Baths:0
SqFt (Liv):2,538
Lot Size:0 sqft
Year Built:1962
Stories:1

General Information

Type Property:Residential Income
Style:Quadruplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33304
Subdivision:Progresso 2-18 D
Latitude:26.141050
Longitude:-80.125293

Additional Features

Flooring:Ceramic Floor, Terrazzo
Heating:None, Window/Wall
Cooling:Ceiling Fan(s), Wall/Window Unit(s)
Construction:Concrete Block Construction
Waterfront:No
Community:Gas Metered

Financial Information

Annual Taxes (2020):$9,797
Days on Market:68

Remarks

Unique opportunity to own a LEGAL 6-UNIT building in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated and new tenants have been brought in. New electrical panels, partial PVC, tile flooring, several water heaters, appliances & A/C units replaced, recessed lighting, W/D on site. Parking for 8+ cars. Each unit has only ONE occupant. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 6.1%. Room to grow! Less than 2 miles to Fort Lauderdale Beach!

Listing Agent

Heidi R Braunhardt

LoKation

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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