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© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Optimar International Realty
Description for 1175 SW 16th Ave, Fort Lauderdale, FL 33312
Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!
Property Details
Listing Details
For Sale
Income
Fourplex
For Sale
A11573474
$1,198,000
04/22/2024
1,502 Sqft
1987
Fourplex
1,502 Sqft
8
3268052
Location Information
US
FL
Broward County
Fort Lauderdale
33312
16th Ave
1175
3213
RIVERSIDE PARK ADD AMEN P
W81° 50' 13.5''
N26° 6' 26.4''
1175 SW 16th Ave
3470
SW
Yes
Garage/Parking
No
No
Interior Features
Terrazzo,Other
Other
Exterior Features
No
Other
Other
WaterFront and WaterAccess
No
Land Info
< 1/4 Acre
504209130421
Utilities
Central,Electric
Electric
Public Sewer
HOA Info
2
Tax Info
RIVERSIDE PARK ADD AMEN PLAT 10-37 B THE N 46 OF LOTS 24,25 & 26 TOGETHER WITH W 25 OF VAC 16 AVE BLK 14
$7,351
2022
Listing Information
Optimar International Realty
Rosa Poler
OPTI01
Sefmiami
$1,198,000
No
Cable Not Available
Public
3389318
EXP Realty, LLC
Kevin Poler PA
Price History
Walk Score
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Walk Score
4
Bike Score
7
Transit Score
3
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Information is deemed reliable but is not guaranteed.
Listings.com © 2024.
© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
