Commercial property in Fort Lauderdale, Florida 73.76 sq.m. № 2086116

Commercial property in Fort Lauderdale, Florida 73.76 sq.m. № 2086116
ID2086116 $ 1 647 000
  • EUR €
  • USD $
  • RUB ₽
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2086116

Property description

5-PLEX fully rented (MLS classified as 4-plex) in Fort Lauderdale. Unit mix: four 1BD/1BA and one 2BD/2BA. Gross income $127,000 annually. Stable income with rental upside. Fully renovated with new kitchens, baths, A/C systems, flooring, fencing, railings, and new high-impact windows — no major deferred maintenance. Each unit includes a washer/dryer, 2 parking spaces, and separate parcel numbers. Features a pool and a 2BD/2BA unit with a private jacuzzi. Strong 1031 exchange opportunity. roperty is legally structured as five separate condo parcels under one ownership (MLS classified as 4-plex). All units are fully rented. Unit mix includes four 1BD/1BA units and one 2BD/2BA unit. Current gross income is $127,000 annually. Extensive renovations completed, including kitchens, bathrooms, A/C systems, flooring, fencing, railings, and high-impact windows. No major deferred maintenance.Each unit includes washer/dryer and two dedicated parking spaces. Property features a private pool, and the 2BD/2BA unit includes its own jacuzzi.
Strong tenant demand in Middle River Terrace location. Ideal for 1031 exchange buyer or investor seeking stabilized cash flow with long-term flexibility due to separate parcel structure.
MLS #: F10554588
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CityFort Lauderdale
Address1501 NE 7th Avenue, Fort Lauderdale FL 33304
TypeCommercial property
Living space73.76 m²
  • sq. ft
Completion dateIV quarter, 1973
Price
  • Price
  • per m²
$ 1 647 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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