luxury
View: Pool

$13,249,000

1401 NE 17TH Court, Fort Lauderdale, FL 33305

Fort Lauderdale, FL, 33305

— bd · — ba · 21,516 sqft

Listed by Inbal Ruiz

Estimated monthly payment

$95,199/mo

Income & expenses

55 units

Income and operating expenses: Not provided — Ask Simon for the seller's rent roll and operating statement. No return calculation available.

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $95,199/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

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EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.

Your costs (est.)

≈ $95,199/mo

1401 NE 17TH Court, Fort Lauderdale, FL 33305 · Fort Lauderdale

Location

1401 NE 17TH Court, Fort Lauderdale, FL 33305

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995