1920 4 AVE ,Detached, Quadruplex, Lauderdale for Sale

1920 4 AVE for Sale

Price $4,500,000.00

• Lot size 10000
• Year Build 1975
• Waterfront
• Zip 33315
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

New to market Extensively Renovated Apartment Complex Completed in 2022 Producing $423k Gross on annual Leases, $289k NET @ 6.5% CAP Properly Underwritten on sale-price taxes, Expenses, Vacancy & Maintenance 14 large units with 26 bedrooms, 80 windows, Private yards, 23 Parking spots. 10,000sqft, 3 lots totaling Half an acre Impact Windows & Doors, Kitchens, Railings, Plumbing & Driveway Paving 2019 HVAC & Updated electric & New Roof with 20 year warranty 40 Year certification in 2019 4 Point Wind Inspection 2023 located in a Million-dollar home neighborhood, on 4th Avenue, very close to near Downtown Las Olas, International Airport & Shipyard, Marina Mile Yacht industry. High Demand area for Airline & Ship workers, Stewardesses, Traveling Nurses, Remote workers.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11376762

LAUDERDALE 2-9 D LOT 17,18 W1/2 BLK 94

1/2 To Less Than 3/4 Acre Lot

New to market Extensively Renovated Apartment Complex Completed in 2022 Producing $423k Gross on annual Leases, $289k NET @ 6.5% CAP Properly Underwritten on sale-price taxes, Expenses, Vacancy & Maintenance 14 large units with 26 bedrooms, 80 windows, Private yards, 23 Parking spots. 10,000sqft, 3 lots totaling Half an acre Impact Windows & Doors, Kitchens, Railings, Plumbing & Driveway Paving 2019 HVAC & Updated electric & New Roof with 20 year warranty 40 Year certification in 2019 4 Point Wind Inspection 2023 located in a Million-dollar home neighborhood, on 4th Avenue, very close to near Downtown Las Olas, International Airport & Shipyard, Marina Mile Yacht industry. High Demand area for Airline & Ship workers, Stewardesses, Traveling Nurses, Remote workers.

City:Fort Lauderdale,Zoning:RM-15,Cooling:1:Central Air,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Vinyl,Latitude:26.0965918,Cooling Y N:1,Heating Y N:1,List Price:4500000,Listing Id:A11382942,Longitude:-80.1466163,Mls Status:Active,Year Built:1975,Living Area:10000,Postal Code:33315,Street Name:4 AVE,Coordinates:1:26.0965918,Photos Count:60,Building Name:LAUDERDALE,Days On Market:21,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Lauderdale,On Market Date:2023-05-05,Parcel Number:504215015240,Parking Total:22,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,Stories Total:2,Street Number:1920,M I A M I R E_ Style:Fourplex,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2023-07-05,List Office Name:The Keyes Company,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2132,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:LAUDERDALE,Tax Annual Amount:32000,Unparsed Address:1920 SW 4 AVE, Fort Lauderdale FL 33315,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:10000,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:450,Original List Price:4650000,Previous List Price:4650000,Public Survey Range:50,Documents Available:1:Existing Survey,I D X Participation Y N:1,Number Of Units Total:14,Listing Contract Date:2023-05-05,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:24 Hour Notice,Showing Assist,Street Number Numeric:1920,Tax Legal Description:LAUDERDALE 2-9 D LOT 17,18 W1/2 BLK 94,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:14000,Contract Status Change Date:2023-05-05,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:450,Internet Automated Valuation Display Y N:1,