1911 SW 4th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33315- Croissant Park
$692,890 USD
954-234-7653
1911 SW 4th Ave, Fort Lauderdale, FL for Sale
$692,890 USD
Apartments - FOR SALE
1/54
null | 5.16% Cap Rate

1911 SW 4th Ave
Fort Lauderdale, FL 33315
Croissant Park


HIGHLIGHTS

  • Minutes To Downtown Fort Lauderdale
  • Minutes To Fort Lauderdale Beach
  • Current Rents Are Below Market

OVERVIEW

Prime Location!! Located Next To Each Other In The Heart Of Fort Lauderdale, Just Minutes From Downtown, Las Olas, And World-Famous Fort Lauderdale Beach. Both Triplexes Are For Sale. Asking Price Is Per Triplex. Each Building Is Approximately 2,000+ Sq. Ft. And Features Two 2-Bedroom/1-Bath Units And One Studio, For A Total Of Four 2-Bedroom/1-Bath Units And Two Studios. Roofs Are 14+/- Years Old, Central A/C'S Are Newer, Tenants Pay Electric. Current Rents Are Below Market, Estimated Gross Annual Income Of $57,600, With Potential Gross Of $65K+. Estimated Annual Expenses Taxes Of $10,635, Insurance $7,000, Lawn $720, Water/Trash $4200. Potential Income 35-45k+ This Is That Diamond In Rough You've been Looking For!

FOR SALE DETAILS

PRICE

$692,890 USD

PRICE/SF

$267 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,482

CAP RATE

5.16%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

RD-15

APN/PARCEL ID

50-42-15-01-4970

ASK ABOUT THIS PROPERTY

Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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