1521 2nd Ct ,Attached, Quadruplex, Colee Hammock for Sale

1521 2nd Ct for Sale

Price $1,900,000.00

• Lot size 5006
• Year Build 1962
• Waterfront
• Zip 33301
• Style Attached
• Parking Description
• 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 the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!

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

COLEE HAMMOCK 1-17 B LOT 13 BLK 41

Less Than 1/4 Acre Lot

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 the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% 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,Stories:2,Tax Year:2023,Flooring:1:Tile,2:Vinyl,Latitude:26.1202925,Cooling Y N:1,Heating Y N:1,List Price:1900000,Listing Id:A11696103,Longitude:-80.1278323,Mls Status:Active,Year Built:1962,Living Area:5006,Postal Code:33301,Street Name:2nd Ct,Coordinates:1:26.1202925,Photos Count:50,Building Name:COLEE HAMMOCK,Days On Market:4,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3280,M L S Area Major:Colee Hammock,On Market Date:2024-11-18,Parcel Number:504211012540,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,4:Water,Stories Total:2,Street Number:1521,M I A M I R E_ Style:Fourplex,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 the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!,Structure Type:1:Fourplex,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:Quadruplex,State Or Province:FL,Street Dir Prefix:SE,Subdivision Name:COLEE HAMMOCK,Tax Annual Amount:26901,Unparsed Address:1521 SE 2nd Ct, Fort Lauderdale FL 33301,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5006,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:379.5445,Original List Price:1900000,Public Survey Range:50,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:8,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 the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate?potentially higher if used as a vacation rental. Seller financing available with attractive terms!,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_ Adjusted Area S F:5006,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,Number Of Units In Community: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,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:379.54,Internet Automated Valuation Display Y N:1,