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$549,900
Est. payment /mo
3,193 SqFt
UPDATED:
09/30/2024 09:42 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,193 sqft
Price per Sqft $172
MLS Listing ID A11572781
Construction Status Resale
HOA Y/N No
Year Built 1982
Annual Tax Amount $8,963
Tax Year 2023
Lot Size 9,134 Sqft
Property Description
This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.
Location
State FL
County Broward
Area 3400
Direction Google Maps
Interior
Heating Other
Cooling Wall/Window Unit(s)
Exterior
Waterfront No
Parking Type Common
Total Parking Spaces 5
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 504205010580
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by The Cross Atlantic Group