Multifamily in Fort Lauderdale, FL 33304
Lake Ridge, 1133 NE 17th Ave #2

$2.3M7.1%
$1,950,000
5,904
SqFt
Status
Sold - Apr 12, 2024
Size
5,904 SqFt (548 m2)
Price
$330/SqFt ($3,555/m2)
Type
Multifamily
Built
1957
MLS Number
A11402537
On Site
1169 Days
Updated
14 Days ago
Page Views
0
Multifamily building with 7 units is ideally located in one of Ft Lauderdale’s premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please do not disturb the tenants.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: FruitTrees, Patio, RoomForPool, SecurityHighImpactDoors
      Interior, Heating and Cooling
      • Heating Description: Electric
      • Cooling Description: CentralAir, Electric, WallWindowUnits
      Building and Construction
      • Floor Description: Vinyl
      • Windows/Treatment: Blinds,ImpactGlass
      • Year Built: 1957
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-06-30T11:44:09.000-00:00
        Taxes, Fees & More
        • Taxes: 18777

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        Price History

        Current
        $2M
        High
        $2.3M
        Low
        $2M
        Total Change
        -7.1%
        $2.3M$2.1M$1.9MJun 23Dec 23Apr 24
        Date
        Event
        Price
        Change
        Price Per
        04/12/2024
        Sold
        $2M
        -13.33%
        $330 ft2
        $3,555 m2
        12/14/2023
        Price Increased
        $2.3M
        7.14%
        $381 ft2
        $4,102 m2
        06/12/2023
        Listed
        $2.1M
         
        $356 ft2
        $3,829 m2
        04/12/2024
        $2M
        Event
        Sold
        Change
        -13.33%
        Price Per
        $330 ft2
        $3,555 m2
        12/14/2023
        $2.3M
        Event
        Price Increased
        Change
        7.14%
        Price Per
        $381 ft2
        $4,102 m2
        06/12/2023
        $2.1M
        Event
        Listed
        Price Per
        $356 ft2
        $3,829 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Lindsay GarciaRedfin Corporation • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        81

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        38

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        57

        100
        Sound Score®
        Bearable noise
        77

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        29

        100
        Local Score
        Limited local amenities nearby
        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

        Fort Lauderdale
        Mid-Tier
        Mid-Tier Homes & Condos

        Lake Ridge Communities in Fort Lauderdale, FL