616-626 14th Ave ,Commercial for Sale

616-626 14th Ave for Sale

Price $7,950,000.00

  • Lot size 39000
  • Year Build 1966
  • Waterfront
  • Zip 33312
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

Meridian Commercial is proud to present a 32-unit two-story apartment complex in the heart of Fort Lauderdale. This investment opportunity boasts an attractive unit mix of 19 2-bedroom 1-bath units and 13 1-bedroom 1-bath units. Each apartment has updated kitchens and baths with tile flooring throughout and corner first floor units come with large patios. Travertine stone surrounds a community swimming pool, with lounge chairs and BBQ area. Owner operated laundry machines, a bicycle area and ample parking. The complex is comprised of two parcels and sits on just under an acre of land, 39,000 SF (.8953 AC). Recent improvements include new roofs and gutters (2024). Split system AC?s are replacing window units. Call for Offering Memorandum with rent roll and financials.

RIVERSIDE ADD AMEN PLAT 1-13 B LOT 9 THRU 12 BLK 9

City Location, Corner Lot, In Residential Area

Meridian Commercial is proud to present a 32-unit two-story apartment complex in the heart of Fort Lauderdale. This investment opportunity boasts an attractive unit mix of 19 2-bedroom 1-bath units and 13 1-bedroom 1-bath units. Each apartment has updated kitchens and baths with tile flooring throughout and corner first floor units come with large patios. Travertine stone surrounds a community swimming pool, with lounge chairs and BBQ area. Owner operated laundry machines, a bicycle area and ample parking. The complex is comprised of two parcels and sits on just under an acre of land, 39,000 SF (.8953 AC). Recent improvements include new roofs and gutters (2024). Split system AC?s are replacing window units. Call for Offering Memorandum with rent roll and financials.

City:Fort Lauderdale,Zoning:RD-15,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:26.1137464,Cooling Y N:1,List Price:7950000,Listing Id:A11664525,Longitude:-80.1593346,Mls Status:Active,Ownership:Corporation,Year Built:1966,Directions:Property is located in the neighborhood of Riverside Park east of I95 Between Davie Blvd and Broward Blvd.,Inclusions:Building & Land,Leases,Postal Code:33312,Street Name:14th Ave,Tenant Pays:1:Inside Insurance,Coordinates:1:26.1137464,Lot Features:1:Corner Lot,2:In Residential Area,Photos Count:15,Building Name:Sea Diamond Apartments,Business Type:1:Residential-Multi-Family,Days On Market:1,Listing Terms:1:Assumable,Lot Size Acres:0.86,Lot Size Units:Square Feet,M I A M I R E_ Area:3470,On Market Date:2024-09-23,Parcel Number:504209020890,Property Type:Commercial Sale,Stories Total:2,Street Number:616-626,Public Remarks:Meridian Commercial is proud to present a 32-unit two-story apartment complex in the heart of Fort Lauderdale. This investment opportunity boasts an attractive unit mix of 19 2-bedroom 1-bath units and 13 1-bedroom 1-bath units. Each apartment has updated kitchens and baths with tile flooring throughout and corner first floor units come with large patios. Travertine stone surrounds a community swimming pool, with lounge chairs and BBQ area. Owner operated laundry machines, a bicycle area and ample parking. The complex is comprised of two parcels and sits on just under an acre of land, 39,000 SF (.8953 AC). Recent improvements include new roofs and gutters (2024). Split system AC?s are replacing window units. Call for Offering Memorandum with rent roll and financials.,County Or Parish:Broward County,List Office Name:Meridian Commercial,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2444,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Unparsed Address:616-626 SW 14th Ave, Fort Lauderdale FL 33312,Building Features:1:Laundry Facilities,2:Light Traffic,3:Pool,Listing Agreement:Exclusive Agency,Security Features:1:Security Fence,2:Security Gate,3:Security System,Year Built Details:Resale,Building Area Total:23996,Building Area Units:Square Feet,Lot Size Square Feet:39000,M I A M I R E_ For Sale Y N:1,Number Of Buildings:2,Original List Price:7950000,Public Survey Range:50,Documents Available:1:Copy Of Lease(S),2:Photos,3:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Meridian Commercial is proud to present a 32-unit two-story apartment complex in the heart of Fort Lauderdale. This investment opportunity boasts an attractive unit mix of 19 2-bedroom 1-bath units and 13 1-bedroom 1-bath units. Each apartment has updated kitchens and baths with tile flooring throughout and corner first floor units come with large patios. Travertine stone surrounds a community swimming pool, with lounge chairs and BBQ area. Owner operated laundry machines, a bicycle area and ample parking. The complex is comprised of two parcels and sits on just under an acre of land, 39,000 SF (.8953 AC). Recent improvements include new roofs and gutters (2024). Split system AC?s are replacing window units. Call for Offering Memorandum with rent roll and financials.,Listing Contract Date:2024-09-23,Originating System I D:miamire,Street Number Numeric:616,Tax Legal Description:RIVERSIDE ADD AMEN PLAT 1-13 B LOT 9 THRU 12 BLK 9,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:32 Unit apartment complex in downtown Fort Lauderdale,Contract Status Change Date:2024-09-23,Internet Address Display Y N:1,Number Of Units In Community:32,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,

  • Price $7,950,000.00
  • Price Change: 2024-09-23
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1966
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Commercial Sale
  • Status Active
  • Listed 2024-09-23
  • Days on Market 29
  • Furnished
  • City Fort Lauderdale
  • Zip 33312
  • State Florida
  • Subdivision
  • Development Name Sea Diamond Apartments
  • HOA Fees
  • Taxes
  • Taxes Year 2023