1037 9th Ave,Attached, Quadruplex, Quadruplex, Fourplex, Progresso

1037 9th Ave, Fort Lauderdale, Florida, 33304

Price $735,000.00

  • Lot size 2848
  • Year Build 1960
  • Waterfront
  • Zip 33304
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Active

Description

Investment property, income-producing from day 1, easy upgrade for additional revenue potential. At the current level generates an unlevered 6%-7% cash on cash return year 1, upgrades to charge market rents, and generates over 20% cash on cash. See detailed document and financials.

For information please call Kevin Poler 305-799-7290

PROGRESSO 2-18 D LOT 6,7 BLK 178

Less Than 1/4 Acre Lot

Investment property, income-producing from day 1, easy upgrade for additional revenue potential. At the current level generates an unlevered 6%-7% cash on cash return year 1, upgrades to charge market rents, and generates over 20% cash on cash. See detailed document and financials.

City:Fort Lauderdale,Zoning:multi,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2020,Latitude:26.1384483,Malone Id:1004566112,Cooling Y N:1,List Price:735000,Listing Id:A11018691,Longitude:-80.1347677,Mls Status:Active,Year Built:1960,Living Area:2848,Postal Code:33304,Street Name:9th Ave,Coordinates:1:26.1384483,Photos Count:15,Building Name:PROGRESSO,Days On Market:90,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Progresso,On Market Date:2021-03-25,Parcel Number:494234047420,Parking Total:5,Property Type:Residential Income,Stories Total:1,Street Number:1037,M I A M I R E_ Style:Fourplex,Public Remarks:Investment property, income-producing from day 1, easy upgrade for additional revenue potential. At the current level generates an unlevered 6%-7% cash on cash return year 1, upgrades to charge market rents, and generates over 20% cash on cash. See detailed document and financials.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2021-07-24,Private Remarks:For information please call Kevin Poler 305-799-7290,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2173,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:PROGRESSO,Tax Annual Amount:11065,Unparsed Address:1037 NE 9th Ave, Fort Lauderdale FL 33304,Listing Agreement:Exclusive Right To Sell,Year Built Details:Unknown,Building Area Total:2848,Building Area Units:Square Feet,Lot Size Square Feet:2848,M I A M I R E_ L P Amt Sq Ft:258.0758,Original List Price:740000,Previous List Price:769000,Public Survey Range:49,Documents Available:1:Investment Analysis,2:Inventory,3:Copy Of Lease(S),I D X Participation Y N:1,Number Of Units Total:5,Syndication Remarks:Investment property, income-producing from day 1, easy upgrade for additional revenue potential. At the current level generates an unlevered 6%-7% cash on cash return year 1, upgrades to charge market rents, and generates over 20% cash on cash. See detailed document and financials.,Listing Contract Date:2021-03-25,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Street Number Numeric:1037,Tax Legal Description:PROGRESSO 2-18 D LOT 6,7 BLK 178,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:2848,Contract Status Change Date:2021-03-25,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:258.08,Internet Automated Valuation Display Y N:1,

  • Price $735,000.00
  • Price Change: 2021-06-08
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1960
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction Concrete Block Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active
  • Listed 2021-06-08
  • Days on Market 122
  • Furnished
  • City Fort Lauderdale
  • Zip 33304
  • State Florida
  • Subdivision PROGRESSO
  • Development Name PROGRESSO, Progresso
  • HOA Fees 0
  • Taxes 11065
  • Taxes Year 2020