Home » Fort Lauderdale » 1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304 | A11402537

Fourplex (Quadruplex) Sold 1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304

$2,250,000
closed for a price of $1,950,000

Property Highlights

Listing ID A11402537 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 5,904 Sqft/548.50 m2 approx. Building Area 3,708 Sqft/344.48 m2 approx. Year Built 1957 Time of this property from published date until Closing Date 287 Days

1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304

Property Description: Multifamily building with 7 units is ideally located in one of Ft Lauderdale’s premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please do not disturb the tenants.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$2,100,000
Original List Price:$2,100,000
Close Price:$1,950,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Water
  • Electricity

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Block
Flooring:
  • Vinyl
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Exterior Features:
  • Security/high Impact Doors
  • Patio
  • Fruit Trees
  • Room For Pool
Patio and Porch Features:
  • Patio
Roof:
  • Shingle
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Wall/window Unit(s)
  • Electric
Heating:Yes
Heating System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$18,777

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Property Tax Status:Tax Reflects City & County Tax

Terms

Documents Available:
  • Rent Rolls
  • Inventory
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:PROGRESSO
Senior Community:No
Development Name:PROGRESSO

Parking

Parking Total Spaces:10
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Flood ZoneX
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsX
Municipal Code49
Subdivision Number4
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:PROGRESSO 2-18 D LOT 3,4 BLK 158
Real Estate Folio Number (Parcel Number):494234043780
Zoning Description:RC-15
Public Survey Township:49
Public Survey Range:42
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:June 30, 2023 11:44 am
On Market Date:June 30, 2023
Close Date:April 12, 2024
Price Change Date Time:December 14, 2023 11:03 am
Last Important Update Description:Closed
Date and Time of Last Important Update:April 13, 2024 11:15 pm
Status Last Changed:April 13, 2024 11:15 pm
Photos Last Modified:November 16, 2023 3:11 am
Last Modified:April 14, 2024 3:15 am
Days on the Market Reference Date:April 14, 2024
Days on the Market (updated on Last Modified*):251
Cumulative Days on the Market (updated on Last Modified**):251

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos:59
Location:,,1/4 To Less Than 1/2 Acre Lot
Included:,,
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3380
Courtesy of:Redfin Corporation
Universal Property Id:US-12011-N-494234043780-R-N

Location

Show Property Address:Yes
Street Name:17th Ave
Street Number:1133-1137
Street Direction Prefix:NE
Street Address:1133-1137 NE 17th Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33304
County : Broward County
Full Address:1133-1137 NE 17th Ave, Fort Lauderdale, FL 33304
Latitude:N26° 8' 25.5''
Longitude:W81° 52' 25.7''

Neighborhood

Postal City:Fort Lauderdale

Property Map