1401 NE 17TH CT, Fort Lauderdale, FL 33305
1401 NE 17TH CT, Fort Lauderdale, FL 33305
1401 NE 17TH CT, Fort Lauderdale, FL 33305
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Libby Perez

Libby Perez

+1(305) 505-8530
$13,249,000
Est. payment /mo
21,516 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 21,516 sqft

Price per Sqft $615

Subdivision Mr Wiltron

MLS Listing ID B26085659

HOA Y/N No

Total Fin. Sqft 21516

Year Built 1975

Annual Tax Amount $89,143

Tax Year 2025

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Quadruplex

Property Description

EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.

Location

State FL

County Broward

Area 3380

Zoning RML-25

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Garden

Fence Chain Link

Utilities Available Cable Available, Electricity Available, Water Available

View Y/N Yes

Water Access Desc Public

View Garden, Other, Pool

Roof Type Flat,Shingle,Tile

Accessibility None

Total Parking Spaces 81

Private Pool Yes

Building

Story 2

Entry Level One

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Schools

Elementary Schools Bennett

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Senior Community No

Restrictions No Restrictions,OK To Lease

Tax ID 494235420010

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/1401-NE-17TH-Court-Fort-Lauderdale-FL-33305/unbranded

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BeachesMLS, Inc. (FLR) IDX
Listed by Inbal Ruiz Inbal Ruiz

NEARBY SCHOOLS & PROPERTIES

Libby Perez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(305) 505-8530

libby.perez@lptrealty.com

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1401 NE 17TH CT