Unique opportunity to own a LEGAL 6-UNIT building + a Laundry room, large corner lot located in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated . 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. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 5.1%. Less than 2 miles to Fort Lauderdale Beach!
MLS# | A11414301 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1962 |
Days On Site | 582 |
Listing Provided By | Miami Forever Real Estate | Martine Bensoussan Guimez |
SQ Feet | 2,664 |
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Story(s) | 1 |
Zoning | RC-15 |
State | FL |
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County | Broward County |
City | Fort Lauderdale |
Zip Code | 33304 |
Area | 3380 |
Subarea | Ft Ldale NE (3240 3270;3350 3380;3440 3450;3700) |
Community Name | PROGRESSO |
Listing VS Median (in PROGRESSO) | |
Price: $1,395,000 low | high Med: $390,000 SqFt: 2,664 low | high Med: 2,363 $ / SqFt: $524 low | high Med: $165 On Site: 582 low | high Med: 4.000000 |