1521 SE 2nd Ct #1-8 Active Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33301
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,006 sqft
Price per Sqft $379
MLS Listing ID A11691076
Year Built 1961
Annual Tax Amount $26,901
Lot Size 5,500 Sqft
Property Description
Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!
Location
State FL
County Broward
Area 3280
Interior
Heating Window Unit,Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other,Vinyl
Exterior
Roof Type Built-Up
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Owner May Carry
Listing Terms Cash,Owner May Carry