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Multi Family
Tools
Size
26,399 Sq Ft.
interior
Financial
$6,500,000
Change Currency
$246
Price Per Sqft
$97,361
Annual taxes
Listing Details
Multi Family
Property type
1967
Year Built
11493305
Web Id
2754175-A11587494
MLS ID
57
Days Posted
Description
1916 SW 11th St,
Fort Lauderdale,
FL
33312
Fort Lauderdale, FL 33312
24-unit apartment building.Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). Kings Pointe II Apartments. Highlights.The building has a metal roof that was completed in 2012, and metal roofs have a lifespan of 40 to 70 years. The building also has a 10-year recertification that was completed on 11/03/2020.Stabilized asset boasting 100% occupancy, generates a stable income, with minimal deferred maintenance. With an average effective rent of $1712, an investor has the opportunity to increase rental rates to be competitive within the market as units turn.Additionally new Investor can also increase income by charging back the tenants for utilities usage.
Price History
| date | Price | variance | type |
|---|---|---|---|
| 6/20/2024 | $6,500,000 | 2.99 % | decreased |
| 5/7/2024 | $6,700,000 | - | Listed |
Listing By: Coldwell Banker Realty via Data Source: MIAMI MLS
listing agent: Alexis Lizama
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