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!
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 .
Instant Comparative Market Analysis
Closed
Active
$100/ft²
$400/ft²
$800/ft²
$1,300/ft²
Unit 1521 SE 2nd Ct – Asking
$380/ft²
(-42%) from Closed Medium $/ft²
Closed Medium $/ft²
$652/ft²
Community $/Price Range (Closed) $184/ft² – $1118/ft²
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