5110 NE 18th Ave - Multi-Family FOR SALE


Fort Lauderdale, FL 33334- Knoll Ridge
$795,000 USD
954-563-6800
5110 NE 18th Ave, Fort Lauderdale, FL for Sale
$795,000 USD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

5110 NE 18th Ave
Fort Lauderdale, FL 33334
Knoll Ridge


HIGHLIGHTS

  • Priced under recent appraisal of $850,000
  • Terrific value-add opportunity

OVERVIEW

This is today’s best value-add opportunity in NE Fort Lauderdale! Located in Knoll Ridge between Coral Ridge and Coral Ridge Isles, this 4 unit building is immediately north of Commercial Blvd and ½ mile west of Federal Highway. Property is priced below recent appraisal of $850,000. The three 1/1’s and one 2/2 are occupied by month to month tenants, offering flexibility for new owner. It is time to consider the options for improvements and then bring income to substantially higher market rates. Please do not disturb tenants or walk the property. Instead call for an appointment.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

4

PRICE/UNIT

$198,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Unit NE Fort Laud

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RMM25

APN/PARCEL ID

49-42-13-04-0320

ASK ABOUT THIS PROPERTY

Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

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Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

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