Restored 1939 Art Deco era apartment building just south of downtown Fort Lauderdale and the New River. Currently configured as 4 1/1's and 4 studio apartment units. All leases are month to month. All units feature original hardwood floors and are clean and well kept. Property is zoned RAC-RPO which allows both residential and office uses. Can be converted very easily to professional offices with living space above or full out as office space..
Actually 3 triplexes with 3 separate folios (1351, 1361). Owned by same person. Great rental income. Includes a 2 car garage perfect for storage or to rent. 100% occupancy, never vacant. Easy to rent. RX-2998995 on MLS
OWNER FINANCING AVAILABLE (20-30% down requirement) Located in the heart of Fort Lauderdale, this income property is steps away from Wilton Manors, only 2 miles to the beach, and a short distance to everything Fort Lauderdale has to offer, both units are currently rented below market value, fully updated with separate meter for water electric, private laundry room.
FOR SALE BY OWNER, OWNER MOTIVATED. Single Family Home, turn key. 4/2 with laundry room washer and dryer. Full kitchen with stove and refrigerator. New roof 2013. New Electrical update. Tankless water heater. Large driveway good for RV parking. Large gated fenced yard. Cement slab in back for shed. Ready to move in.
Beautiful waterfront duplex just off east Las Olas Blvd. 3 deep water boat slips, one has a boat lift. Ocean access, no fixed bridges. Tropical landscape and balcony overlooking private pool. Property has 2 large units with private laundry areas. 2nd floor unit has a sauna and beamed ceilings. Newer central A/C units. Roof was replaced in 2011. Property has a large 2 car garage with an office. 10 additional parking spaces. Perfect location and great investment property! Call for details on rental income the property is generating right now. Unit #1 = 2/2 Rented at $2500 a month Unit #2 = 3/3 Owners unit or could be rented at $4000 a month Dock #1 = Rented at $350 a month Dock #2 = Rented at $350 a month Dock #3 = Rented at $450 a month 2 car garage & office = Not being used currently but could be more income. Do not go to building without a scheduled appointment. 24 hour notice required before any showings. Do not disturb tenants. Call listing agent:
With 100ft Frontage On SE 24th St. (SR 84) & 200ft Frontage on SE 23rd St., Adjacent to the East side of the Crown Plaza Hotel & Across from Port Everglades, sits 1 Acre of Land with 2 existing bldgs.: 6,865sf 2-story building & the other is a triplex. In the midst of the FLL Airport & Port Everglades expansion with Incredible Exposure & Signage Visible from S.R.84 & U.S. 1. *See Attached Link for more information on how The expansion of FLL and Port Evergaldes adds to this a phenomenal location!!
Las Olas Lofts has three 2 bedroom and six 3 bedroom homes within the building. Each home is decorated with stainless steel appliances, granite countertops, jacuzzi tubs, walk-in closets, floor-to-ceiling windows, private elevator entrances and covered parking.
The property totals 25 units -all 1bed' s/1bath's that have been updated, which includes replacement of shower pans, appliances, painted, re-Tiled all units, re roofed all units in 2006, New paving and recently placed on city sewer in 2010. There also exists on the site a extra/bonus building that is currently being used for maintenance storage. This could easily be converted into another large unit to Rent or the space could be converted into a neighborhood Coin operated Laundry facility (which is in high demand). This building would require $ for the interior build-out. Water & Sewer and electric are stubbed to the building. Currently 23 Units are rented for an average of $175.00 per week. (Annual Income $209,300.00) Average of Expenses are as follows which Seller will verify upon execution of a contract:: Electric - $1,350/mo. Water/Sewer - $2000/mo. Taxes - $1,566/mo. Garbage- $ 307/mo. Maintenance $ 700/mo. Manager- $ 2000/mo. Total $7,923 ($95,000 annually) Existing NOI- $143,884. The Asking price is $1300,000 which yields an 11%+
CRA ZONED RESIDENTIAL/COMERCIAL HISTORIC PROPERTY WITH 90%RENOVATIONS AND UPGRADES ON A 3/4 OF AN ACRE OF BEAUTIFULLY LANDSCAPED LOT WITH FRUIT TREES, WATER FOUNTAIN, RIVER-STONES ETC. QUIET COUNTRY TYPE RANCH HOME IN DAVIE SCHOOL DISTRICT ACROSS FROM NOVA SOUTHEASTERN UNIVERSITY, WITHIN A 15 MINUTES TO THE BEACHES AND BEAUTIFUL FORT LAUDERDALE AND MIAMI CITY LIFE. IDEAL FOR A LIVE AND WORK CITATION, RUNNING A BUSINESS: ALSO, A BRILLIANT PARCEL FOR A DEVELOPER.
The property is exceptionally maintained, 100 percent occupied with a waiting list and long term tenants, offering low maintenance with great upside potential. This property consists of 88 2 bedroom, 2 bath units, Central AC, Onsite management office and maintenance apartment. This property has been approved by Fannie Mae as lender