Multifamily in Fort Lauderdale, FL 33304Lake Ridge, 1116 NE 15th Ave #1-2
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Closed
1,120
SqFtStatus
Sold - Dec 18, 2024
Size
1,120 SqFt (104 m2)
Price
$538/SqFt ($5,795/m2)
Type
Multifamily
Built
1952
MLS Number
A11681803
On Site
687 Days
Updated
14 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
Apples-to-Apples Comparables
Price History
Current
$603K
High
$617K
Low
$603K
Total Change
-2.2%Date
Event
Price
Change
Price Per
12/18/2024
Sold
$603K
-2.2%$538 ft2
$5,795 m2
10/24/2024
Listed
$617K
 $550 ft2
$5,925 m2
12/18/2024
$603K
Event
Sold
Change
-2.2%Price Per
$538 ft2
$5,795 m2
10/24/2024
$617K
Event
Listed
Price Per
$550 ft2
$5,925 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Talita Pinheiro • Compass Florida, LLC. • Buyer Agency Compensation .
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Scores
81
100
38
100
57
100
77
100
0
100
29
100
1
100
Community Snapshot
1 – 4 BR
Bedrooms
$145K – $1.6M
Price Tier
540 - 10,650
SqFt Range
2004
Year Build
2
Total Floors
Subdivision Amenities
None
Pool
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Mid-Tier
Mid-Tier 4
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Premium 2
Entry-Level
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Inactive Segment
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