Multifamily in Fort Lauderdale, FL 33311
Progresso Village, 731 NW 4th Ave #1-4

2,543
SqFt
Status
Sold - Oct 01, 2021
Size
2,543 SqFt (236 m2)
Price
$245/SqFt ($2,641/m2)
Type
Multifamily
Built
1954
MLS Number
A11074275
On Site
1873 Days
Updated
15 Days ago
Page Views
0
5 UNIT MULTI FAMILY PROPERTY IN THE FAST DEVELOPING PROGRESSO VILLAGE NEIGHBORHOOD, 3 BLOCKS FROM FLAGLER VILLAGE/DOWNTOWN FT LAUDERDALE! OPPORTUNITY FOR OWNERS & INVESTORS (CASH BUYERS/1031 EXCHANGE WELCOME). GREAT RETURNS! Gross Rent: $69k; NOI: $52,250. Seller open to selling LLC for added tax benefit! This is a Legal 4-plex operating as 5 units (2/2 converted into a 1/1 + a Studio). Total of FIVE rents collected monthly. Zoned RMM-25 (Residential Medium Density Mid-Rise). Has 5 marked Parking Spaces. The building is fenced in for security. All units have individual electric meters. Owner pays Water/Sewer/Trash Removal/Landscaping. ALL units RENTED w/ annual leases/security deposits. Low maintenance costs (Water/Utility etc) CAP 8.3%. DO NOT DISTURB TENANTS! PROOF OF FUNDS REQUIRED.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: CeilingFans, WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1954
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2021-07-26T14:05:12.000-00:00
          Taxes, Fees & More
          • Taxes: 6717

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          08/17/2021
          Listed
          $624K
           
          $245 ft2
          $2,641 m2
          08/17/2021
          $624K
          Event
          Listed
          Price Per
          $245 ft2
          $2,641 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jessica Laleh • IBIS Realty Group, Inc. • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          86

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          68

          100
          Community Snapshot
          3 – 5 BR
          Bedrooms
          $135K – $2.9M
          Price Tier
          689 - 5,508
          SqFt Range
          2003
          Year Build
          2
          Total Floors

          Subdivision Amenities

          None

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          Progresso Village Communities in Fort Lauderdale, FL