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MQ Realty Group LLC
1151 Ne 17th Court, Fort Lauderdale, FL 33305
- $2,990,000
- List Price
- $2,990,000
- MLS#
- B26100393
- Status
- ACTIVE
- Type
- Commercial
Property Description
13-unit multifamily investment opportunity in Fort Lauderdale at 1151 NE 17th Ct. Unit mix includes 11 one-bedroom/one-bath apartments, one studio/one-bath apartment and one three-bedroom/two-bath apartment. Current scheduled rents total $24,450 monthly, or $293,400 annually. Reported trailing 12-month NOI of $197,115 reflects a 6.6% cap rate at the $2,990,000 asking price, approximately $230,000 per unit. Property features include select renovated interiors and laundry income. An opportunity to acquire an income-producing apartment property with a diverse unit mix.
Additional Information
- Days on Market
- 0
- Tax Amount
- $41,185
- Parcel Number
- 494235041760
- Lot Size
- 13,158
- Address
- 1151 Ne 17th Court, Fort Lauderdale
- Year Built
- 1985
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Listing Courtesy of Inbal Ruiz, Contact: