Closed

Colee Hammock, 1521 SE 2nd Ct, Fort Lauderdale, FL 33301

1,900,000(-6.32% )
$1,780,000Price
5,006SqFt

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Details

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Status:
Sold - Feb 28, 2025
Size: 5,006 SqFt (465 m2)
Price: $356/SqFt ($3,827/m2)
Type: Multi Family
Built: 1962
MLS Number: A11696103
On Site: 258 Days
Updated: 157 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

          Price History

          02/28/2025

          Date

          Sold

          Event

          $1.8M

          Price

          -6.32%

          Change Rate

          $356 ft2 / $3,827 m2

          Price Per

          11/18/2024

          Date

          Listed

          Event

          $1.9M

          Price

          $380 ft2 / $4,085 m2

          Price Per

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

          Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $600/ft²
          $1,200/ft²
          $1,800/ft²

          Unit 1521 SE 2nd Ct – Asking

          $356/ft²

          (-33%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $532/ft²
          Community $/Price Range (Closed) $184/ft² – $1654/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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