Closed

Lake Ridge, 1116-1118 NE 15th Ave, Fort Lauderdale, FL 33304

616,550(-2.2% )
$603,000Price
1,120SqFt

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Details

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Status:
Sold - Dec 18, 2024
Size: 1,120 SqFt (104 m2)
Price: $538/SqFt ($5,795/m2)
Type: Multi Family
Built: 1952
MLS Number: A11681803
On Site: 279 Days
Updated: 223 Days ago
Page Views: 0
Motivated seller, accepting offers! , a meticulously updated duplex two 1bed 1bath units. Each unit has spacious living areas, modern kitchens, including new roof, appliances, electrical system, plumbing, flooring, impact windows and doors, and new ac units. Both units are currently rented, generating solid income with tenants covering water and electricity expenses. *currently a 5% cap rate*, with potential for increased return.situated on a generous 6,502 sq. Ft. Lot with rc15 zoning, there’s ample room for future growth, adding a pool or a third unit. Located near shops, dining, and public transportation. It offers both front and gated parking. Ideal for investors, short term rental or owner-occupants seeking rental income with future growth potential. Don’t miss out on this opportunity
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: RoomForPool
      Interior, Heating and Cooling
      • Heating Description: None
      • Cooling Description: WallWindowUnits
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: ImpactGlass
      • Year Built: 1952
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-10-24T16:14:27.000-00:00
        Taxes, Fees & More
        • Taxes: 7283

        Price History

        12/18/2024

        Date

        Sold

        Event

        $603K

        Price

        -2.2%

        Change Rate

        $538 ft2 / $5,795 m2

        Price Per

        10/24/2024

        Date

        Listed

        Event

        $616.6K

        Price

        $550 ft2 / $5,925 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Talita PinheiroCompass Florida, LLC. • Buyer Agency Compensation .

        Instant Comps

        $100/ft²
        $500/ft²
        $1,000/ft²
        $1,600/ft²

        Unit 1116-1118 NE 15th Ave – Asking

        $538/ft²

        (+30%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $414/ft²
        Community $/Price Range (Closed) $206/ft² – $1429/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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