South Florida
Closed
Coral Highlands, 1831 NE 56th St, Fort Lauderdale, FL 33308
900,000(-8.33% )
Details
Save
Status:
Sold - Apr 15, 2024
Size: 2,734 SqFt (254 m2)
Price: $302/SqFt ($3,248/m2)
Type: Multi Family
Built: 1966
MLS Number: A11525023
On Site: 557 Days
Updated: 481 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
Price History
04/15/2024
Date
Sold
Event
$825K
Price
-8.33%
Change Rate
$302 ft2 / $3,248 m2
Price Per
01/31/2024
Date
Listed
Event
$900K
Price
$329 ft2 / $3,543 m2
Price Per
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 .
Instant Comps
$200/ft²
$300/ft²
$600/ft²
$900/ft²
Unit 1831 NE 56th St – Asking
$302/ft²
(-24%) from Closed Medium $/ft²
Closed Medium $/ft²
$399/ft²
Community $/Price Range (Closed) $361/ft² – $715/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 Coral Highlands at Fort Lauderdale?
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