413 23rd St ,Detached, Triplex, Lauderdale for Sale

413 23rd St for Sale

Price $899,000.00

• Lot size 2866
• Year Build 1951
• Waterfront
• Zip 33316
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Renovated Triplex proximate to Beaches, Downtown Ft. Lauderdale, Airport & Malls - currently used for Vacation Rentals. HIGH OCCUPANCY! 2023 Gross ~$95,936 v. ~$44,842 recurring business expenses, per owner. Features two detached structures totaling THREE oversized 1/1 Units with generous parking, Modernized w/ 100% Impact Windows & Doors, fresh tile floors, contemporary kitchens & bathrooms. Property can continue to produce through short-term rentals, or Buyer can utilize for 12-month leases(Pro Forma ~$70,000/yr income v. ~$20,000 Taxes, Insurance & Lawn) EASY TO SHOW! PLEASE CALL!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11641857 AirBnb *or* Yearly Rentals produces strong returns. Please call L.A. for more information. Legal Triplex (verify at Broward County Appraiser website). Per owner: For 2023 roughly $95,936 AirBnB Rents v. $44,842 recurring expenses- RE Taxes, Insurance, Janitorial/Cleaning, Utilities, Licenses, Property Management, etc... leaving a healthy profit. My estimate for Yearly rentals is about $72,000/yr, but with fewer expenses (~$20,000/yr - RE Taxes, Insurance, Lawn and Small Repairs). Approx. 6.50% CAP Rate either way.

LAUDERDALE 2-9 D LOT 17 BLK 115

Less Than 1/4 Acre Lot

Renovated Triplex proximate to Beaches, Downtown Ft. Lauderdale, Airport & Malls - currently used for Vacation Rentals. HIGH OCCUPANCY! 2023 Gross ~$95,936 v. ~$44,842 recurring business expenses, per owner. Features two detached structures totaling THREE oversized 1/1 Units with generous parking, Modernized w/ 100% Impact Windows & Doors, fresh tile floors, contemporary kitchens & bathrooms. Property can continue to produce through short-term rentals, or Buyer can utilize for 12-month leases(Pro Forma ~$70,000/yr income v. ~$20,000 Taxes, Insurance & Lawn) EASY TO SHOW! PLEASE CALL!

City:Fort Lauderdale,Zoning:RMM-25,Cooling:1:Central Air,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.0939891,Cooling Y N:1,List Price:899000,Listing Id:A11641857,Longitude:-80.1379561,Mls Status:Active,Year Built:1951,Living Area:2866,Postal Code:33316,Street Name:23rd St,Coordinates:1:26.0939891,Photos Count:20,Building Name:LAUDERDALE,Days On Market:91,Listing Terms:1:Conventional,2:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:3580,M L S Area Major:Lauderdale,On Market Date:2024-08-16,Parcel Number:504215016470,Parking Total:7,Property Type:Residential Income,Rent Includes:1:Electricity,2:Hot Water,3:Sewer,4:Trash Collection,5:Water,Stories Total:1,Street Number:413,M I A M I R E_ Style:Triplex,Public Remarks:Renovated Triplex proximate to Beaches, Downtown Ft. Lauderdale, Airport & Malls - currently used for Vacation Rentals. HIGH OCCUPANCY! 2023 Gross ~$95,936 v. ~$44,842 recurring business expenses, per owner. Features two detached structures totaling THREE oversized 1/1 Units with generous parking, Modernized w/ 100% Impact Windows & Doors, fresh tile floors, contemporary kitchens & bathrooms. Property can continue to produce through short-term rentals, or Buyer can utilize for 12-month leases(Pro Forma ~$70,000/yr income v. ~$20,000 Taxes, Insurance & Lawn) EASY TO SHOW! PLEASE CALL!,County Or Parish:Broward County,List Office Name:Wolsen Real Estate Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:3409,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:SE,Subdivision Name:LAUDERDALE,Tax Annual Amount:11577,Total Actual Rent:93000,Unparsed Address:413 SE 23rd St, Fort Lauderdale FL 33316,Listing Agreement:Exclusive Agency,Operating Expense:45000,Year Built Details:Resale,Building Area Total:2866,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:313.6776,Original List Price:799000,Previous List Price:799000,Public Survey Range:50,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks:Renovated Triplex proximate to Beaches, Downtown Ft. Lauderdale, Airport & Malls - currently used for Vacation Rentals. HIGH OCCUPANCY! 2023 Gross ~$95,936 v. ~$44,842 recurring business expenses, per owner. Features two detached structures totaling THREE oversized 1/1 Units with generous parking, Modernized w/ 100% Impact Windows & Doors, fresh tile floors, contemporary kitchens & bathrooms. Property can continue to produce through short-term rentals, or Buyer can utilize for 12-month leases(Pro Forma ~$70,000/yr income v. ~$20,000 Taxes, Insurance & Lawn) EASY TO SHOW! PLEASE CALL!,Listing Contract Date:2024-08-16,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:413,Tax Legal Description:LAUDERDALE 2-9 D LOT 17 BLK 115,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2134,M I A M I R E_ Internet Remarks:Well-maintained triplex producing HIGH INCOME off US-1, ready for its new caretaker! Recently renovated!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-08-16,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:313.68,Internet Automated Valuation Display Y N:1,