Closed

Lauderdale Park, 1827 N Dixie Hwy, Fort Lauderdale, FL 33305

700,000(-31.43% )
$480,000Price
2,080SqFt

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Details

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Status:
Sold - Mar 07, 2025
Size: 2,080 SqFt (193 m2)
Price: $231/SqFt ($2,484/m2)
Type: Multi Family
Built: 1964
MLS Number: A11724152
On Site: 198 Days
Updated: 142 Days ago
Page Views: 0
Prime fort lauderdale triplex with endless potential! This investment opportunity features two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, all with central air conditioning, 3 electric meters, 2 water meters, and month-to-month tenants. The property offers incredible potential for expansion or modernization; lot size big enough to add additional unit. Located in a prime area ideal for short-term rentals, this triplex is ready to be transformed into a high-cashflow investment. Most recent yearly leases for updated 2/1's in the area were up to 2,300/month and yearly leases for updated 1/1's were up to $1,800. That's a potential of $6,400/month gross for yearly leases after renovations. Don’t miss this chance to maximize your returns in fort lauderdale’s thriving market!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1964
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-01-13T23:04:10.000-00:00
          Taxes, Fees & More
          • Taxes: 9058

          Price History

          03/07/2025

          Date

          Sold

          Event

          $480K

          Price

          -31.43%

          Change Rate

          $231 ft2 / $2,484 m2

          Price Per

          01/13/2025

          Date

          Listed

          Event

          $700K

          Price

          $337 ft2 / $3,623 m2

          Price Per

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

          Listed by Jeffrey MathurinEXP Realty LLC • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $300/ft²
          $600/ft²
          $900/ft²

          Unit 1827 N Dixie Hwy – Asking

          $231/ft²

          (-47%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $438/ft²
          Community $/Price Range (Closed) $231/ft² – $703/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.
          THINKING OF SELLING IN Lauderdale Park at Fort Lauderdale?

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          Fort Lauderdale
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