REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$549,900
Est. payment /mo
3,193 SqFt
UPDATED:
12/24/2024 05:45 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,193 sqft
Price per Sqft $172
MLS Listing ID A11572781
Construction Status Resale
HOA Y/N No
Year Built 1982
Annual Tax Amount $8,963
Tax Year 2023
Lot Size 9,134 Sqft
Property Description
This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.
Location
State FL
County Broward
Area 3400
Direction Google Maps
Interior
Heating Other
Cooling Wall/Window Unit(s)
Exterior
Total Parking Spaces 5
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 504205010580
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Listed by The Cross Atlantic Group