$1,299,000
$1,299,000
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2,534 SqFt
SOLD DATE : 03/31/2023
Key Details
Sold Price $1,299,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,534 sqft
Price per Sqft $512
Subdivision Progresso
MLS Listing ID A11347416
Sold Date 03/31/23
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $13,556
Tax Year 2022
Property Description
Fourplex opportunity in the heart of the Victoria Park neighborhood in Fort Lauderdale! Large corner lot (6,750 sf) multifamily is made up of four units totaling 2,534 sf, as follows: one 2/2, one 1/1, and two studios. Rental prices are sub-market with potential to increase revenue at least by 50%. Potential for Airbnb short term rentals for more revenue. Complex features private entrances for all units, designated parking, and a common laundry room. Separate electric meters. Building is fully leased with long term tenants. Amazing location - just a block away from Holiday Park, a short walk to US1 and Sunrise Blvd, close to Las Olas Blvd, and 2 miles to Ft. Lauderdale Beach, and close to FAT Village Arts District. Don't miss this golden opportunity!
Location
State FL
County Broward County
Community Progresso
Area 3270
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Electric, Wall/Window Unit(s)
Flooring Tile
Window Features Blinds,Double Hung,Metal
Exterior
Exterior Feature Deck, Porch, Patio
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Porch Deck, Open, Patio, Porch
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494234073610
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
Special Listing Condition Listed As-Is
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Bought with Chaos Realty Group LLC
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