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Commercial Sale

1400 4

Fort Lauderdale, FL 33301

ML#:F10386318
List Price:$1,850,000
Status:Closed
Days on Market:151
Listing Brkr:The Keyes Company
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.1711 acres
Year Built:1949
Stories:2

General Information

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

Location Information

County:Miami-Dade County
Zip:33301
Subdivision:
Latitude:26.126206
Longitude:-80.129022

Additional Features

Flooring:Tile, Wood
Construction:CBS Construction, Plaster
Waterfront:No
Security:Smoke Alarm, Smoke Detector(s), Smoke Detector

Financial Information

Annual Taxes (2022):$17,688
Original Price:$1,995,000
Days on Market:151

Remarks

Owner will hold 1st mortgage to qualified buyer with 40% downpayment - terms 6% interest, 5 yr balloon. Situated in one of Ft Lauderdale’s premier rental areas where rents are high and vacancies low! Prime corner lot in the heart of Victoria Park provides good exposure yet a garden terrace home feel for each all 6 apartments. Ideal unit sizes with four 1/1’s and two 2/1’s each offering appealing outdoor living space with private patios. Currently operating annually with long term tenants on a month to month basis after initial leases expired. Great quick upside potential with below market rents. Remodeling upgrades have been done to kitchen & bathrooms. Windows were replaced & accordion shutters added. Please drive by only, do not disturb tenants. Proof of funds to accompany all offers.

Listing Agent

Ross Z Herman

The Keyes Company

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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