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$1,039,000
Est. payment /mo
1,936 SqFt
UPDATED:
02/21/2025 06:00 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $536
MLS Listing ID A11748832
HOA Y/N No
Year Built 1972
Annual Tax Amount $10,779
Lot Size 6,750 Sqft
Property Sub-Type Multi Family
Property Description
HOT AREA! This legal FIVEPLEX consists of three 1/1 & two studios. A unique property to own in booming and developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on annual leases. FULLY OCCUPIED. The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 was $85,982. Will continue to GROW! Complex has a Laundromat (one coin washer & dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed. Proof of Funds MUST accompany offer!
Location
State FL
County Broward
Area 3460
Interior
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Roof Type Tile
Private Pool Yes
Building
Story 1
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 494234063450
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11748832
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Listed by Compass Florida, LLC