$1,725,000
$2,100,000
17.9%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 11/30/2023
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10390350
Sold Date 11/30/23
Total Fin. Sqft 20250
Year Built 1957
Tax Year 2022
Lot Size 0.465 Acres
Property Sub-Type Income/Multi-Family
Property Description
We are excited to represent this exceptional Multi-Family property available for sale in Fort Lauderdale's Durrs neighborhood.
Following record apartments rent in Durrs has increased by 1.8% in the past year and by 4.8% in Broward County, a top 10 market in the U.S for rent growth and the market favoring the landlord on leases making this property a great investment opportunity.
The asset offers 16 units across 8,183 SF of building space, situated on a 20,250 SF parcel of land with zoning
RMM25. The unit mix is 4 - 2 BR / 1 Bath and 12 - 1 BR / 1 Bath apartments.
Financial information can be provided upon request. Statistics are supplied by 3rd party and believed to be accurate but not to be solely relied upon, Buyer and agent shall perform their own due diligence.
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RMM-25
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Bought with Coldwell Banker/ BR
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