$1,325,000
$1,340,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
1228 SE 1ST ST Fort Lauderdale, FL 33301
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Colee Hammock
MLS Listing ID F10277355
Sold Date 07/12/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $9,963
Tax Year 2020
Property Description
Are you looking for a unique property only 3 blocks away from Las Olas Boulevard? You just found it. As you can see in the photos all units have been tastefully remodeled. This rare gem includes 4 fully furnished apartments each with private enclosed patio areas:1 studio,2 one-bedroom units & 1 two-bedrooms. New roof, a/c units, impact windows, kitchens, appliances, @ much more. Your cap rate is determined by how you run the operation either as a vacation rental or a yearly rental. Location, location, location. Located in the heart of E Ft. Lauderdale, very close to the beach and walking distance to entertainment, shops, & restaurants. It is already registered and code-compliant as a 4-unit short-term with the State & the City and produces in excess of $150,000 gross income per year.
Location
State FL
County Broward County
Area Ft Ldale Se (3280;3600;3800)
Interior
Heating Central Heat
Cooling Electric Cooling
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Concrete Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, Cryptocurrency
Listing Terms Cash, Conventional, Cryptocurrency
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Overseas Partners Realty, Inc.