100 SE 21 St - Apartments FOR SALE


Fort Lauderdale, FL 33316- Poinciana Park
$1,750,000 USD
954-522-2831
100 SE 21 St, Fort Lauderdale, FL for Sale
$1,750,000 USD
Apartments - FOR SALE
1/34
null | 4.64% Cap Rate

100 SE 21 St
Fort Lauderdale, FL 33316
Poinciana Park


OVERVIEW

Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central ac. Complex has 12 parking spaces guest and assigned. Total square footage under air is 4,912 total lot square ft. 14,300, all of the 8 units are month to month. Present rents are below market value /w/renovations the potential gross income of $175,000 + POSSIBILITY of a 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location mins to beaches, restaurants, shoppes, groceries and expressway.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

8

PRICE/UNIT

$218,750

CAP RATE

4.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

RMM-25

APN/PARCEL ID

50-42-15-37-0020

ASK ABOUT THIS PROPERTY

Henri VezieOne Sotheby's International RealtyMore Info
954-522-2831

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Henri VezieOne Sotheby's International RealtyMore Info
954-522-2831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.