Sold for $1,950,000

$1,950,000

1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304

5beds

4baths

5,904sqft

Quadruplex

Built in 1957

-- sqft lot

$2,081,800 Zestimate^®

$330/sqft

$4,424 Estimated rent

Home value

$2,081,800

$1.85M - $2.35M

$4,424/mo

Zestimate^® history

Owner options

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$4,424/mo

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$4,424/mo

Rent Zestimate^®

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$13,632/mo

Est. payment

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$13,632/mo

Est. payment

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What's special

Fully furnishedImpact windowsLiving space

Multifamily building with 7 units is ideally located in one of Ft Lauderdale’s premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please do not disturb the tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Electric

Cooling

Central Air, Electric, Wall/Window Unit(s)

Features

Flooring: Vinyl
Doors: High Impact Doors
Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass

Interior area

Total structure area: 3,708
Total interior livable area: 5,904 sqft

Property

Parking

Total spaces: 10

Features

Stories: 1
Patio & porch: Patio
Exterior features: Room For Pool

Lot

Features: 1/4 To Less Than 1/2 Acre Lot
Residential vegetation: Fruit Trees

Details

Parcel number: 494234043780
Zoning: RC-15

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Concrete Block Construction
Roof: Shingle

Condition

Updated/Remodeled
Year built: 1957

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Subdivision: Progresso

HOA

Has HOA: No

Location

Region: Fort Lauderdale

Financial & listing details

Price per square foot: $330/sqft
Annual tax amount: $18,777
Date on market: 6/30/2023
Listing terms: All Cash,Conventional
Total actual rent: 147600

Price history

Date	Event	Price
4/12/2024	Sold	$1,950,000-13.3%$330/sqft
Source: MIAMI #A11402537 Report a problem
3/13/2024	Contingent	$2,250,000$381/sqft
Source: MIAMI #A11402537 Report a problem
12/14/2023	Price change	$2,250,000+7.1%$381/sqft
Source: MIAMI #A11402537 Report a problem
11/2/2023	Listed for sale	$2,100,000$356/sqft
Source: MIAMI #A11402537 Report a problem
10/19/2023	Contingent	$2,100,000$356/sqft
Source: MIAMI #A11402537 Report a problem
6/30/2023	Listed for sale	$2,100,000$356/sqft
Source: MIAMI #A11402537 Report a problem
6/18/2020	Listing removed	$1,450
Source: The Keyes Company #F10223240 Report a problem
4/16/2020	Price change	$1,450+7.4%
Source: The Keyes Company/Realtors #F10223240 Report a problem
3/24/2020	Listed for rent	$1,350
Source: The Keyes Company #F10223240 Report a problem