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
Size: 5,006 ft2 / 465 m2
Price: $356 ft2 / $3,827 m2
Type: Multi Family
Built: 1962
MLS Number: A11696103
On Site: 176 Days
Updated: 75 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

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 Comparative Market Analysis

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

Unit 1521 SE 2nd Ct – Asking

$356/ft²

(-30%) from Closed Medium $/ft²

Closed Medium $/ft²

$507/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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