1831 56th St ,Attached, Quadruplex, Coral Highlands Resub Blk for Sale

1831 56th St for Sale

Price $900,000.00

• Lot size 2734
• Year Build 1966
• Waterfront
• Zip 33308
• Style Attached
• Parking Description
• Pool Yes
• Status Pending

Description

Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff (with subsidized rent). Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!"

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11525023 Do not disturb the tenants Call or text for appointment

CORAL HIGHLANDS RESUB BLKS 1 & 2 46-13 B LOT 8 BLK 1

Less Than 1/4 Acre Lot

Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff (with subsidized rent). Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!"

City:Fort Lauderdale,Zoning:RMM-25,Cooling:1:Central Air,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.1967559,Cooling Y N:1,Heating Y N:1,List Price:900000,Listing Id:A11525023,Longitude:-80.1218997,Mls Status:Pending,Year Built:1966,Living Area:2734,Postal Code:33308,Street Name:56th St,Coordinates:1:26.1967559,Photos Count:10,Building Name:CORAL HIGHLANDS RESUB BLK,Days On Market:8,Listing Terms:1:Conventional,2:Exchange,3:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:3350,M L S Area Major:Coral Highlands Resub Blk,On Market Date:2024-02-02,Parcel Number:494212030080,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:1831,M I A M I R E_ Style:Fourplex,Public Remarks:Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff (with subsidized rent). Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!",Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Grand State Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2456,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:CORAL HIGHLANDS RESUB BLK,Tax Annual Amount:13252,Unparsed Address:1831 NE 56th St, Fort Lauderdale FL 33308,Listing Agreement:Exclusive Right To Sell,Year Built Details:New Construction,Building Area Total:2734,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:329.188,Original List Price:900000,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks:Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff (with subsidized rent). Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!",Listing Contract Date:2024-02-02,Originating System I D:miamire,Public Survey Section:12,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:1831,Tax Legal Description:CORAL HIGHLANDS RESUB BLKS 1 & 2 46-13 B LOT 8 BLK 1,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0.01%,M I A M I R E_ Adjusted Area S F:2734,M I A M I R E_ Internet Remarks:Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-02-02,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,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:329.19,Internet Automated Valuation Display Y N:1,