This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.
|
DAYS ON MARKET
|
14
|
LAST UPDATED
|
4/19/2024
|
|
YEAR BUILT
|
1982
|
COMMUNITY
|
3400
|
|
COUNTY
|
Broward
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
3400 |
| BUYER'S BROKERAGE COMPENSATION |
3% |
| CONSTRUCTION |
BLOCK |
| HEAT |
Other |
| LOT |
9134 acre(s) |
| PARKING |
Common |
| SEWER |
Public Sewer |
| STORIES |
1 |
| TAXES |
8963 |
| WATER |
Public |
| ZONING |
CB |
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Listed with The Cross Atlantic Group
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Data last updated: 5/2/24 3:31 PM PDT.
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