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1228 SE 1st St Fort Lauderdale, FL 33301
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Key Details
Sold Price $707,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $344
Subdivision Colee Hammock 1-17 B
MLS Listing ID F10082182
Sold Date 11/21/17
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $7,284
Tax Year 2016
Property Description
Lovely 4 unit investment property. 3 blocks from Las Olas Blvd. Centrally located within 1.5 miles from beach in the heart of Downtown Fort Lauderdale. Upgrades include updated roof, landscaping, and freshly painted exterior. All units each have private patios in the rear of the property. Coin operated washer/dryer is included. Great market rents! Perfect property for seasonal or furnished rentals. Property also has future development potential. Zoned RM 15 (SFH, TH, MULTI, B&B) Projected cap rate of 7.8%
Location
State FL
County Broward County
Community Colee Hammock
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RM-15
Interior
Heating Reverse Cycle Unit, Window/Wall
Cooling Electric Cooling, Wall/Window Unit Cooling
Flooring Ceramic Floor
Exterior
Exterior Feature Patio
Waterfront No
Water Access N
Roof Type Flat Roof With Facade Front
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition As Is
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