Multifamily in Fort Lauderdale, FL 33301
Colee Hammock, 1521 SE 2nd Ct #1-8

$1.9M6.3%
$1,780,000
5,006
SqFt
Status
Sold - Feb 28, 2025
Size
5,006 SqFt (465 m2)
Price
$356/SqFt ($3,827/m2)
Type
Multifamily
Built
1962
MLS Number
A11696103
On Site
661 Days
Updated
14 Days ago
Page Views
0
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 the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other,Tile,Vinyl
        • Year Built: 1962
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-11-19T00:12:35.000-00:00
          Taxes, Fees & More
          • Taxes: 26901

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          Price History

          Current
          $1.8M
          High
          $1.9M
          Low
          $1.8M
          Total Change
          -6.3%
          $1.9M$1.8M$1.8MNov 24Feb 25
          Date
          Event
          Price
          Change
          Price Per
          02/28/2025
          Sold
          $1.8M
          -6.32%
          $356 ft2
          $3,827 m2
          11/18/2024
          Listed
          $1.9M
           
          $380 ft2
          $4,085 m2
          02/28/2025
          $1.8M
          Event
          Sold
          Change
          -6.32%
          Price Per
          $356 ft2
          $3,827 m2
          11/18/2024
          $1.9M
          Event
          Listed
          Price Per
          $380 ft2
          $4,085 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Elior Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          80

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          37

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          51

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          32

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          2 – 5 BR
          Bedrooms
          $399K – $5.9M
          Price Tier
          530 - 13,800
          SqFt Range
          1980
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Elevators
          None
          Pool

          Fort Lauderdale
          Mid-Tier
          Mid-Tier Homes & Condos

          Colee Hammock Communities in Fort Lauderdale, FL