210 12th Ave,Detached, Quadruplex, Quadruplex, Fourplex, 21-unit Bulk Sale

210 12th Ave, Fort Lauderdale, Florida, 33311

Price $3,375,000.00

  • Lot size 1123
  • Year Build 1953
  • Waterfront
  • Zip 33311
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active

Description

Native Realty is proud to present this rare opportunity to acquire a large multifamily portfolio in South Florida. At only $160k per door, this portfolio consists of 21 multi-unit properties consisting of (5) Duplexes, (1) Eight-plex, (1) Triplex. Must be purchased together. Can combine with an additional 21 Single Family Homes (at $242k per door), if interested to create a bulk 42-unit portfolio. The portfolio has been partially upgraded, and represents a value add opportunity to improve all of the units and stabilize the portfolio at market rates. Several of the properties are located in Opportunity Zone?s and can benefit from the Opportunity Zone tax incentives.

Bulk 24-Unit Portfolio at $159,137 per door! Can be combined with 24 Single Family homes to create a large 48-Unit Portfolio.

SEMINOLE ADD F R OLIVERS AMEN PLAT 1-88 D LOT 9 N 50 OF S 100,LOT 10 N 50 OF S 100 BLK 208

Less Than 1/4 Acre Lot

Native Realty is proud to present this rare opportunity to acquire a large multifamily portfolio in South Florida. At only $160k per door, this portfolio consists of 21 multi-unit properties consisting of (5) Duplexes, (1) Eight-plex, (1) Triplex. Must be purchased together. Can combine with an additional 21 Single Family Homes (at $242k per door), if interested to create a bulk 42-unit portfolio. The portfolio has been partially upgraded, and represents a value add opportunity to improve all of the units and stabilize the portfolio at market rates. Several of the properties are located in Opportunity Zone?s and can benefit from the Opportunity Zone tax incentives.

City:Fort Lauderdale,Zoning:RIN,Cooling:1:Central Air,Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2020,Flooring:1:Tile,Latitude:26.1240718,Malone Id:2094262352,Cooling Y N:1,Heating Y N:1,List Price:3375000,Listing Id:A11044536,Longitude:-80.157413,Mls Status:Active,Year Built:1953,Living Area:1123,Postal Code:33311,Street Name:12th Ave,Coordinates:1:26.1240718,Photos Count:12,Building Name:21-UNIT BULK SALE,Days On Market:120,Listing Terms:1:Cash,2:Conventional,Lot Size Units:Square Feet,M L S Area Major:21-unit Bulk Sale,On Market Date:2021-05-19,Parcel Number:504204010530,Parking Total:8,Property Type:Residential Income,Stories Total:1,Street Number:210,M I A M I R E_ Style:Fourplex,Public Remarks:Native Realty is proud to present this rare opportunity to acquire a large multifamily portfolio in South Florida. At only $160k per door, this portfolio consists of 21 multi-unit properties consisting of (5) Duplexes, (1) Eight-plex, (1) Triplex. Must be purchased together. Can combine with an additional 21 Single Family Homes (at $242k per door), if interested to create a bulk 42-unit portfolio. The portfolio has been partially upgraded, and represents a value add opportunity to improve all of the units and stabilize the portfolio at market rates. Several of the properties are located in Opportunity Zone?s and can benefit from the Opportunity Zone tax incentives.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2021-10-12,Private Remarks:Bulk 24-Unit Portfolio at $159,137 per door! Can be combined with 24 Single Family homes to create a large 48-Unit Portfolio.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:8911,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:21-UNIT BULK SALE,REMODELED UNITS,Tax Annual Amount:2954,Total Actual Rent:309360,Unparsed Address:210 NW 12th Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Agency,Operating Expense:127296,Year Built Details:Resale,Building Area Total:1123,Building Area Units:Square Feet,Lot Size Square Feet:1123,M I A M I R E_ L P Amt Sq Ft:3005.3428,Original List Price:3820000,Previous List Price:3820000,Public Survey Range:50,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Net Operating Income:182064,Number Of Units Total:21,Syndication Remarks:Native Realty is proud to present this rare opportunity to acquire a large multifamily portfolio in South Florida. At only $160k per door, this portfolio consists of 21 multi-unit properties consisting of (5) Duplexes, (1) Eight-plex, (1) Triplex. Must be purchased together. Can combine with an additional 21 Single Family Homes (at $242k per door), if interested to create a bulk 42-unit portfolio. The portfolio has been partially upgraded, and represents a value add opportunity to improve all of the units and stabilize the portfolio at market rates. Several of the properties are located in Opportunity Zone?s and can benefit from the Opportunity Zone tax incentives.,Listing Contract Date:2021-05-19,Originating System I D:miamire,Showing Instructions:Appointment Only,Call Listing Office,Street Number Numeric:210,Tax Legal Description:SEMINOLE ADD F R OLIVERS AMEN PLAT 1-88 D LOT 9 N 50 OF S 100,LOT 10 N 50 OF S 100 BLK 208,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,M I A M I R E_ Adjusted Area S F:1123,Contract Status Change Date:2021-05-19,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3.0%,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:3005.34,Internet Automated Valuation Display Y N:1,

  • Price $3,375,000.00
  • Price Change: 2021-07-28
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1953
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Carpet, Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2021-07-28
  • Days on Market 129
  • Furnished
  • City Fort Lauderdale
  • Zip 33311
  • State Florida
  • Subdivision 21-UNIT BULK SALE,REMODELED UNITS
  • Development Name 21-UNIT BULK SALE, 21-UNIT BULK SALE,REMODELED UNITS, 21-unit Bulk Sale
  • HOA Fees
  • Taxes 2954
  • Taxes Year 2020