1521 2nd Ct #1-8 ,Apartments for Sale

1521 2nd Ct #1-8 for Sale

Price $1,900,000.00

• Lot size 5500
• Year Build 1961
• Waterfront
• Zip 33301
• Style
• Parking Description On Street
• Pool Yes
• Status Active

Description

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $172,000 annually, offering a 6.5% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!

COLEE HAMMOCK 1-17 B LOT 13 BLK 41

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $172,000 annually, offering a 6.5% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!

City:Fort Lauderdale,Zoning:RC-15,List A O R:A-Miami Association of REALTORS,Flooring:1:Vinyl,Latitude:26.1202925,Cooling Y N:1,Heating Y N:1,List Price:1900000,Listing Id:A11691076,Longitude:-80.1278323,Mls Status:Active,Year Built:1961,Postal Code:33301,Street Name:2nd Ct,Unit Number:1-8,Coordinates:1:26.1202925,Photos Count:50,Days On Market:1,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3280,On Market Date:2024-11-18,Parcel Number:504211012540,Property Type:Commercial Sale,Street Number:1521,Open Parking Y N:1,Public Remarks:Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $172,000 annually, offering a 6.5% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!,County Or Parish:Broward County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3977,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SE,Tax Annual Amount:26901,Unparsed Address:1521 SE 2nd Ct # 8, Fort Lauderdale FL 33301,Listing Agreement:Exclusive Right To Sell,Building Area Total:5006,Building Area Units:Square Feet,Lot Size Square Feet:5500,Original List Price:1900000,Public Survey Range:50,Documents Available:1:Investment Analysis,2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $172,000 annually, offering a 6.5% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!,Financial Data Source:1:Projected Pro-Forma,Listing Contract Date:2024-11-18,Originating System I D:miamire,Public Survey Section:11,Showing Instructions:Call Listing Agent,Street Number Numeric:1521,Tax Legal Description:COLEE HAMMOCK 1-17 B LOT 13 BLK 41,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2024-11-18,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,