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Commercial Sale

401 7th

Fort Lauderdale, FL 33308

ML#:F10323800
List Price:$1,277,777
Status:Closed
Days on Market:76
Listing Brkr:Chinelly Real Estate Inc
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.2892 acres
Year Built:1968
Stories:1

General Information

Type Property:Commercial Sale
Style:Multi Family
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33308
Subdivision:
Latitude:26.117747
Longitude:-80.150610

Additional Features

Heating:Central Individual A/C
Cooling:Central Individual A/C
Construction:CBS Construction
Waterfront:No
Security:Smoke Alarm, Smoke Detector(s), Smoke Detector

Financial Information

Annual Taxes (2021):$13,574
Original Price:$2,477,777
Days on Market:76

Remarks

FANTASTIC LOCATION IN A GREAT RENTAL AREA. ALL UNITS HAVE TENANTS. ONE EFFICIENCY AND FIVE 2 BEDROOM 1 BATH UNITS. (EFFICIENCY HAS STORAGE AREA; ENOUGHT FOR ANOTHER BEDROOM) OWNER IS OUT OF AREA AND MANY OF THE TENANTS HAVE BEEN "LONG-TERM" AND THEIR RENTS ARE UNDER MARKET AND CAN BE INCREASED BY NEW OWNER. EFFICIENCY RENTS FOR $765 MONTH AND THE 2 BEDROOM UNITS BETWEEN $925--$1,000 MONTHLY. ALL UNITS HAVE THEIR OWN ELECTRIC METER & CENTRAL AIR. NOTE LARGE LOT: APROX 126X100. THE BUILDING HAS APROX 4,902 SQUARE FEET UNDER AIR. SELLER IS READY TO MAKE A DEAL, PRESENT OFFERS

Listing Agent

James A Chinelly

Chinelly Real Estate Inc

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) 604-3276

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