Property Details
| Sold Price | $910,000 |
|---|---|
| Last Asking Price | $949,900 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $9,172 2017 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1959 |
| Lot Size | 0.30 acres |
| Closed Date | 7/9/2018 |
| MLS # | A10442641 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
Multifamily complex cash flowing at a 8.5%+ CAP rate on offered price from day 1. The property has 2 buildings with $119K in annual income with zero vacancy (all tenants on annual leases), landlord pays electric, water, and trash. Expenses total $36K. Irrigation system with well and pump in place. Prime time big size lot with future development potential. Located in the desirable neighborhood of Fort Lauderdale, situated between Lake Ridge and Wilton Manors, 5 minute drive to the beach, Las Olas, and Galleria mall. Perfect opportunity for investor to benefit from the multifamily rental growth in Fort Lauderdale and build some serious equity. Please contact Yoni at 305-343-7333 with any questions. Do not contact listing agent.
Listed by Ocean Vista Properties Inc.
Sales History for This Home · 1225 NE 15th Avenue, Fort Lauderdale, FL 33304
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10455346 | $910,000 | 7/9/18 |
| F10069797 | $535,000 | 7/6/17 |
Listed by Ocean Vista Properties Inc.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Fort Lauderdale and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.