1185 16th Ave ,Ranch, Quadruplex, Riverside Park Add Amen P для продажи

1185 16th Ave для продажи

Цена $1,140,000.00

• Размер территории 1502
• Год постройки 1988
• Вид на воду
• Zip 33312
• Стиль Ranch
• Парковка
• Бассейн Yes
• Статус Active With Contract

Описание

New Listing ? Prime Multifamily Investment Opportunity in Fort Lauderdale Discover an exceptional chance to secure a profitable asset in a rapidly developing neighborhood. This property features two standalone buildings, each offering two spacious 2BR/2BA units (four total). Currently generating $90K+ in annual income and approximately $70K in NOI (a 6%+ CAP), this investment has clear upside potential with nearby comps suggesting $110K+ in possible annual income after upgrades.Each building boasts 1,502 SF of well-maintained living space, set on a combined 9,220 SF lot. Surrounded by new developments in a gentrifying location, this is a rare opportunity to add value through modern renovations and strategic improvements.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= There are two separate lots, each one has a building with two apartments has two badroom two-bedroom, the Folios are 504209130421 and 504209130420. Property Address 1175 SW 16 Ave, Fort Lauderdale and 1185 SW 16 Ave, Fort Lauderdale.

RIVERSIDE PARK ADD AMEN PLAT 10-37 B LOT 24 TO 26 LESS N 46 THEREOF TOGETHER WITH W 25 OF VAC 16 AVE BLK 14,LESS STRIP OF LAND OVER & ACROSS

Less Than 1/4 Acre Lot

New Listing ? Prime Multifamily Investment Opportunity in Fort Lauderdale Discover an exceptional chance to secure a profitable asset in a rapidly developing neighborhood. This property features two standalone buildings, each offering two spacious 2BR/2BA units (four total). Currently generating $90K+ in annual income and approximately $70K in NOI (a 6%+ CAP), this investment has clear upside potential with nearby comps suggesting $110K+ in possible annual income after upgrades.Each building boasts 1,502 SF of well-maintained living space, set on a combined 9,220 SF lot. Surrounded by new developments in a gentrifying location, this is a rare opportunity to add value through modern renovations and strategic improvements.

City:Fort Lauderdale,Zoning:RD-15,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:26.1073233,Cooling Y N:1,Heating Y N:1,List Price:1140000,Listing Id:A11735110,Longitude:-80.1630045,Mls Status:Active With Contract,Year Built:1988,Living Area:1502,Postal Code:33312,Street Name:16th Ave,Contingency:Other,Coordinates:1:26.1073233,Photos Count:17,Building Name:RIVERSIDE PARK ADD AMEN P,Days On Market:16,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3470,M L S Area Major:Riverside Park Add Amen P,On Market Date:2025-01-29,Parcel Number:504209130420,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:2,Street Number:1185,M I A M I R E_ Style:Fourplex,Public Remarks:New Listing ? Prime Multifamily Investment Opportunity in Fort Lauderdale Discover an exceptional chance to secure a profitable asset in a rapidly developing neighborhood. This property features two standalone buildings, each offering two spacious 2BR/2BA units (four total). Currently generating $90K+ in annual income and approximately $70K in NOI (a 6%+ CAP), this investment has clear upside potential with nearby comps suggesting $110K+ in possible annual income after upgrades.Each building boasts 1,502 SF of well-maintained living space, set on a combined 9,220 SF lot. Surrounded by new developments in a gentrifying location, this is a rare opportunity to add value through modern renovations and strategic improvements.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Optimar International Realty,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:3213,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:RIVERSIDE PARK ADD AMEN P,Tax Annual Amount:7878,Unparsed Address:1185 SW 16th Ave, Fort Lauderdale FL 33312,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1502,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:758.988,Original List Price:1140000,Public Survey Range:50,I D X Participation Y N:1,Syndication Remarks:New Listing ? Prime Multifamily Investment Opportunity in Fort Lauderdale Discover an exceptional chance to secure a profitable asset in a rapidly developing neighborhood. This property features two standalone buildings, each offering two spacious 2BR/2BA units (four total). Currently generating $90K+ in annual income and approximately $70K in NOI (a 6%+ CAP), this investment has clear upside potential with nearby comps suggesting $110K+ in possible annual income after upgrades.Each building boasts 1,502 SF of well-maintained living space, set on a combined 9,220 SF lot. Surrounded by new developments in a gentrifying location, this is a rare opportunity to add value through modern renovations and strategic improvements.,Listing Contract Date:2025-01-29,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Street Number Numeric:1185,Tax Legal Description:RIVERSIDE PARK ADD AMEN PLAT 10-37 B LOT 24 TO 26 LESS N 46 THEREOF TOGETHER WITH W 25 OF VAC 16 AVE BLK 14,LESS STRIP OF LAND OVER & ACROSS,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1502,M I A M I R E_ Internet Remarks:Excellent Investment Opportunity in Fort Lauderdale for this Multi Family!!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-02-14,Internet Address Display Y N:1,Number Of Units In Community: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:758.99,