Multifamily in Fort Lauderdale, FL 33308
Coral Highlands, 1831 NE 56th St

$900K8.3%
$825,000
2,734
SqFt
Status
Sold - Apr 15, 2024
Size
2,734 SqFt (254 m2)
Price
$302/SqFt ($3,248/m2)
Type
Multifamily
Built
1966
MLS Number
A11525023
On Site
951 Days
Updated
14 Days ago
Page Views
0
Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff (with subsidized rent). Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!"

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1966
        • Year Built Description: New Construction
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-02-02T23:03:53.000-00:00
          Taxes, Fees & More
          • Taxes: 13252

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          Price History

          Current
          $825K
          High
          $900K
          Low
          $825K
          Total Change
          -8.3%
          $909K$863K$816KJan 24Apr 24
          Date
          Event
          Price
          Change
          Price Per
          04/15/2024
          Sold
          $825K
          -8.33%
          $302 ft2
          $3,248 m2
          01/31/2024
          Listed
          $900K
           
          $329 ft2
          $3,543 m2
          04/15/2024
          $825K
          Event
          Sold
          Change
          -8.33%
          Price Per
          $302 ft2
          $3,248 m2
          01/31/2024
          $900K
          Event
          Listed
          Price Per
          $329 ft2
          $3,543 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Philip Filonenko • Grand State Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Car-Dependent. Most errands require a car
          30

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          35

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          61

          100
          Sound Score®
          Bearable noise
          78

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          27

          100
          Local Score
          Limited local amenities nearby
          0

          100
          Community Snapshot
          3 – 3 BR
          Bedrooms
          $905K – $905K
          Price Tier
          1,278 - 7,500
          SqFt Range
          1963
          Year Build
          1
          Total Floors

          Subdivision Amenities

          Laundry
          None
          Pool

          Fort Lauderdale
          Mid-Tier
          Mid-Tier Homes & Condos

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