1401 NE 17TH Court, Fort Lauderdale FL 33305
Fort Lauderdale, FL, 33305
$13,249,000
N/A
Bedrooms
N/A
Bathrooms
21,516
Interior
0.92
Acres
About this property
EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.