$1,900,000
1521 SE 2nd Ct #1-8 Fort Lauderdale, FL 33301
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$1,900,000
Est. payment /mo
5,006 SqFt
UPDATED:
11/19/2024 09:00 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,006 sqft
Price per Sqft $379
MLS Listing ID A11691076
HOA Y/N No
Year Built 1961
Annual Tax Amount $26,901
Lot Size 5,500 Sqft
Property Description
Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $172,000 annually, offering a 6.5% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!
Location
State FL
County Broward
Area 3280
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other, Vinyl
Exterior
Roof Type Built-Up
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 504211012540
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
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Listed by Fausto Commercial Realty Consultants Inc
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Larry Hering
Realtor/Senior Account Executive | License ID: 3370040
Realtor/Senior Account Executive License ID: 3370040