Multifamily in Fort Lauderdale, FL 33312
Riverside Park, 1532 SW 5th Pl #1-4

4,594
SqFt
Status
Sold - Jun 20, 2023
Size
4,594 SqFt (427 m2)
Price
$239/SqFt ($2,577/m2)
Type
Multifamily
Built
1969
MLS Number
F10377734
On Site
1229 Days
Updated
31 Days ago
Page Views
0
Fantastic Find!!Large Fort Lauderdale Fourplex With Tremendous Upside Potential! All Units Are 3 Bedroom/2 Bath, Hurricane Impact Windows, Central A/C And Separate Electric. Building Is Centrally Located Minutes To Downtown Ft Lauderdale & Famous Ft Lauderdale Beach. Making It Perfect For AirBnB, Vacation Rentals Or Annual Rentals. Building Is In Need Of Some TLC, & Is Currently Grossing $103,200 Annually (7.1% Cap). Annual Projected Gross Income Is $131,712+(9.7% Cap). Total Expenses Are $25,041. Expenses Include Taxes: $12,341 Landscaping: $600 Estimated Insurance: $7,000 Water: $3,300 Trash: $1,800. Onsite Laundry Facility With Washer/Dryer Hookups, Perfect To Add Coin Operated Machines For Additional Income. Info Is Believed Accurate But Is Not Guaranteed. A Must See!!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony, OutdoorLivingArea
      Interior, Heating and Cooling
      • Heating Description: Central, SeparateMeters
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: Blinds
      • Year Built: 1969
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-05-01T13:16:30.000-00:00
        Taxes, Fees & More
        • Maintenance Includes: Water
        • Taxes: 12341
        • Real Estate Taxes: 622570
        • Total Floors in Building: 2
        • Total Units in Building: 4
        • Total Units in Complex: 4

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        Price History

        Current
        $1.1M
        High
        $1.1M
        Low
        $1.1M
        Total Change
        0%
        $1.1M$1.1M$1.1MMay 23Jun 23
        Date
        Event
        Price
        Change
        Price Per
        06/20/2023
        Sold
        $1.1M
        0%
        $239 ft2
        $2,577 m2
        05/01/2023
        Listed
        $1.1M
         
        $239 ft2
        $2,577 m2
        06/20/2023
        $1.1M
        Event
        Sold
        Change
        0%
        Price Per
        $239 ft2
        $2,577 m2
        05/01/2023
        $1.1M
        Event
        Listed
        Price Per
        $239 ft2
        $2,577 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Carlos Montoya • Fidelity Real Estate Group LLC • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Car-Dependent. Most errands require a car
        46

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

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        65

        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
        0

        100
        Community Snapshot
        2 – 6 BR
        Bedrooms
        $220K – $14M
        Price Tier
        607 - 6,658
        SqFt Range
        1959
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None
        Playground
        Pool

        Fort Lauderdale
        Mid-Tier
        Mid-Tier Homes & Condos

        Riverside Park Communities in Fort Lauderdale, FL