Grandfathered in, state licensed rooming house in residential area. 12 units, all rented. Tenants pay weekly and monthly. ***No Evictions needed, state license allows immediate removal of non paying guests by the Sheriffs office**** Features: -New Roof -New Impact Windows -New bathrooms -New common areas -New A/Cs -New 4 camera surveillance system, with remote viewing -New Interior Room doors
The property totals 25 units -all 1bed' s/1bath's an amazing opportunity with upside potential this will make it a cashcow once stabilized re-Tiled all units, re roofed all units in 2006, New paving and recently placed on city sewer in 2010. passed 40 year inspection in 2014,seller 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. Property had passed 40 year inspection and seller will do financing %75 LTV for 2-3 years balloon at %6-7 simple interest with no prepay penalty amortized over 30 years. average rent of $175.00 per week. 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)
Restaurant/Bar/Retail on street level, residential on second level. Old Bluefish Cafe Restaurant. In the heart of Fort Lauderdale Beach activity - Sunrise Lane Area.
637 NW 15 Terrace consists of 2 contiguous 4-plexes for a total of eight (8) one bedroom/one bath apartment, each containing approximately 437 Sq Ft. and one of the best maintained apartment building in the area. This is an added value opportunity as the rents will be increased without any additional capital expenditure and expenses will be drought in line with industry standards. The property was built in 1954 and has a gravel swale to accommodate 8 cars. The gravel also is used instead of grass and therefore negates monthly landscaping costs. The roof is flat. HVAC is one unit AC per apartment.The Subject units rent for $450 which is 20-25% below market value
Price Upon Req.4,600 SF
6 unit Apartment building, perfect condition, very well maintaned 2/2 BR Apt watersite perfect for owner user + 4 (5) additional rentals, could also be easily converted to vacational rentals. great floor plan, central A/C, upgraded. Lush tropical garden. Dockage 3 (4) Boat slips
A rare property located in Downtown Fort Lauderdale complete with lush landscaping and resort style pool. Formally a bed and breakfast, the property offers 4 free standing buildings with 7 separate suites available. The entire property was recently renovated and restored with a key pad gated entry. New kitchens, bathrooms, electrical, & plumbing with premium finishes, details, and impact glass. Property is zoned for up to 11 units with room to add an additional 4 units. Location is luxuriously furnished with linens, dishes, and numerous hotel amenities.
10 unit free standing multifamily apartment building in the heart of Fort Lauderdale. On site parking and laundry facilities and close to everything Fort Lauderadale has to offer. Great Property for corporate housing or a multifamily property investor. In addition to the 10 units, there is a large storage room, laundry room with 3 coin operated machines and a broom closet and deep sink. There is also a meter room. Most of the apartments have newer kitchens and all tile floors, large walk in closets and are very spacious. All of the windows were replaced recently and the roof was replaced right after hurricane Wilma (2005).
Three duplexes on 2 parcels. Lot is 25,375 sq ft. Six 2 bedroom, 1 bath units, back screened porch with walk in utility room. Two buildings have 1 carport. All have separate electric meters plus 1 property meter. Owner will do owner financing with 30% down. Each building about 1,800 sq ft.
Flagler Village Development Opportunity. 19 rental income units on 5 parcels of land available. Frontage on 2 streets plus rear alley access. This area offers liberal RAC-UV(Regional Activity Center-Urban Village) zoning for mixed use business/residential. Sale includes a duplex(408/410 NE 1 AVE), two four-unit buildings(416/418 NE 1 AVE), fiveplex(415/417 NE 2 AVE), SFH(425 NE 2 AVE), triplex(429 NE 2 AVE). Properties are on 6 lots, each 127.5 x 50 feet. Financials, rent rolls, & more info available upon request. All 5 properties must be sold together