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Key Details
Property Type Residential Income
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,085 sqft
Price per Sqft $575
Subdivision Stranahans Sub
MLS Listing ID A11858941
Style Fourplex
Year Built 1959
Annual Tax Amount $14,818
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
The best priced multifamily in VP! Corner-lot 4plex with 2 separate and detached duplexes on one lot, just 3 blocks from Las Olas Blvd, beautiful and long-lasting barrel tile roof, updated interiors, private fenced in patios. This income-producing property on a 6,300 sq ft lot. Located minutes from Fort Lauderdale Beach and FLL Airport, in one of the city's most walkable and desirable neighborhoods. Surrounded by top dining, shops, and entertainment- making it an ideal location for both long-term and short-term tenants, current gross annual revenue $120,000 and a solid 7% CAP rate, reliable cash flow and strong long-term appreciation. VP offers high tenant demand and low vacancy rates. Development opportunity, Zone RML-25 Residential Multifamily Low Rise/Medium High Density district.
Location
State FL
County Broward
Community Stranahans Sub
Area 3280
Interior
Heating Wall Furnace
Cooling Electric
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Slate
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with Douglas Elliman
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