MULTIFAM
$2,495,000.00

Fully-Furnished 6-unit Multifamily in Fort Lauderdale

Offered as a fully furnished rental in Fort Lauderdale, fall in love with this amazing property located in Fort Lauderdale’s Sailboat bend, a few minutes walk to the Arts District.

This updated multifamily property is a 6 unit-multi-unit dwelling. There’s a peaceful courtyard and various private sitting areas around the property. Units have a contemporary finish with kitchens and kitchenettes, all with flat-screen TVs and creature comforts.

Less than 1 mi from downtown, enjoy air-conditioned studios & multi-bed units along with cozy garden areas. There is free private parking & free Wi-fi. Electricity & Water are included in the rent. All the spaces are contemporary, with large living spaces and amenities. Enjoy cozy dining areas, fully equipped kitchens, and patios with garden views. Enjoy the garden with a barbecue.

As a standard rental, the property NETS $230,000.  For short-term stays, the property yields closer to $400,000 NET.

DETAILED FINANCIAL REPORTS along with additional information will be available with a signed NDA. (See attachments below)

Details

Address : 804-808 SW 2nd Ct
City : Fort Lauderdale
State : FL
Zip Code : 33312
Status : Active
Price : $2,495,000.00
Listing Date : 09-11-21
Property Type : Commercial
Transaction Type : FOR SALE
Year Built : 1978
Parcel ID/APN : 504210280153 + 504210280152
Construction Type : CBS
Building Status : Existing
Number of floors : 1
Typical Floor Size : 2,000sf
Total Rentable Area : 4,000sf
Total Building Area : 4,000sf
Land Size : 10,000sf
Lot Dimensions : 000ft x 000ft
Clear Height : 00ft
Floor Thickness : 00 Inches
Power Type : Single Phase
Utilities to site : Water, Sewer, Electric
Tenancy : Multiple
% Leased : 100%
Builing Class : B
Parking Spaces : 8
Property ID : 5756

Attachments

Financial Information

Income Type : Actual
Income Year : 2021
Gross Rental Income : $235,000
Effective Gross Income : $235,000
Real Estate Tax : $15,000
Operating Expenses : ($00,000.00)
Net Operating Income : $201,895
CAP Rate : 15.0%
Major Tenants

Listing Agent Information

Agent Name : Bram L. Scolnick
Phone : 954.302.6368
Email : bram@alterrarealtygroup.com

Energy Efficiency

Energy Class : B
Energy Performance of the Listing : Medium
A+ A
| Energy class B
B
C D E F G H

Property Features

Air-Conditioned
Backyard
Bathrooms
Cable
Concrete Patio
Courtyard
Fenced Yard/Lot
Frontage
Interior Fully Renovated
New AC
Stainless Steel Appliances

Location Map

Bram Leland Scolnick
“Today I will do what others won’t so that tomorrow I can do what others can’t.”

I consent to have this site collect my Name, Email, and Phone.

Property Search

Mortgage Calculator

$ 0,00
Top

Title

Look here

x