921-925 NE 17th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33304- Victoria Park
$2,300,000 USD
954-245-3492
921-925 NE 17th Ave, Fort Lauderdale, FL for Sale
$2,300,000 USD
Apartments - FOR SALE
1/22
null | 4.89% Cap Rate

921-925 NE 17th Ave
Fort Lauderdale, FL 33304
Victoria Park


HIGHLIGHTS

  • 921–925 Northeast 17th Avenue was constructed in 1959 and comprises (2) single-story concrete block buildings with painted stucco exteriors and shingl
  • Surrounded by New Construction Townhomes with Recent Sale Prices up to $1,495,000
  • Unit Mix of (8) 1 Bedrooms, (1) 2 Bedroom 1 Bathroom and (1) 2 Bedroom 2 Bathroom
  • Electric Appliances, Wall Air Conditioning, Central Courtyard, Property-Owned Laundry
  • Both Roofs were Replaced in 2015, Properties are Exempt from 40-Year Recertification

OVERVIEW

921–925 Northeast 17th Avenue was constructed in 1959 and comprises (2) single-story concrete block buildings with painted stucco exteriors and shingle roofs. The property offers 5,276 square feet of total building area and sits on a 13,500-square-foot lot (0.31 acres), according to the Broward County Property Appraiser. The unit mix includes (8) one-bedroom/one-bathroom units, (1) two-bedroom/one-bathroom unit, and (1) two-bedroom/two-bathroom unit. The property features on-site laundry facilities, wall air conditioning units, paved asphalt parking, and tropical courtyard.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$436 USD /SF

# OF UNITS

10

PRICE/UNIT

$230,000

CAP RATE

4.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,500 SF

ZONING

RMM-25

APN/PARCEL ID

49-42-34-05-8320

ASK ABOUT THIS PROPERTY

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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