1175 SW 16th Ave Fort Lauderdale, FL 33312
Price
$1,198,000
Listed On
Type
For Sale
Status
Active
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1175 SW 16th Ave
For Sale $1,198,000
1175 SW 16th Ave, Fort Lauderdale, FL 33312 - 0 Beds, 0 Bath
1175 SW 16th Ave, Fort Lauderdale, FL 33312 - 0 Beds, 0 Bath
1175 SW 16th Ave, Fort Lauderdale, FL 33312 - 0 Beds, 0 Bath
1502 sqft
Asking $1,198,000
Snapshot
Property Type
Quadruplex
Lot Size
Property Sqft
1,502
MLS Number
A11573474
Year Built
1987
Days On Market
Description
Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!
More Details
Provider
Optimar Realty Group LLC
MLS ID
MAORFL
MLS Name
MIAMI Association of REALTORS®
MLS Number
A11573474
URL
Source
listhub
PARTICIPANT
Name
Rosa Poler
Primary Phone
(954) 235-4046
Key
3YD-MAORFL-3268052
Email
rosapoler@hotmail.com
BROKER
Name
Optimar Realty Group LLC
Phone
(305) 947-0477
OFFICE
Name
Optimar International Realty
Phone
(305) 947-0477
Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
History
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale | $1,198,000 | $798 | Optimar International Realty |
Nearby Schools
High School Stranahan High School | 0.4 miles away | 09 - 12 | |
Elementary School Riverland Elementary School | 0.9 miles away | PK - 05 | |
Elementary School North Fork Elementary School | 1.1 miles away | PK - 05 |
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