Home » Fort Lauderdale » 400 SW 7th St, Fort Lauderdale, FL 33315 | A11457667

Duplex Sold 400 SW 7th St, Fort Lauderdale, FL 33315

$695,000
closed for a price of $675,000

Property Highlights

Listing ID A11457667 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,884 Sqft/175.03 m2 approx. Building Area 2,476 Sqft/230.03 m2 approx. Year Built 1955 Time of this property from published date until Closing Date 153 Days

400 SW 7th St, Fort Lauderdale, FL 33315

Property Description: Fully furnished duplex for Sale!, Short term rentals permitted. A 2 bed 1 bath apt fully remodeled with outdoor patio & BBQ area, lush landscaping, central ac, separate dining area, private parking. In the 2nd bldg is an updated 1bed 1bath unit, private driveway and small patio. Both units are tastefully furnished and ideal for short term rentals. Close to downtown and the beaches. East of 95 and just West of US1/Federal Hwy. Surrounded by the river, parks, cafe’s and shopping, this property offers an owner multiple options; Rent short term and maximize cash flow, rent furnished annually or redevelop into million dollar townhomes! Favorable zoning for future redevelopment allows 3 stories and 3 Townhomes or 3 apartments and also a mixed use zoning for office and residential.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$749,000
Original List Price:$795,000
Close Price:$675,000

Lease Details

Rent Includes:
  • Trash Collection
  • Water

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Effective Year Built
Levels:One
Construction Materials:
  • Block
  • Other
Flooring:
  • Tile
  • Vinyl
  • Ceramic Tile
  • Terrazzo
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Central
  • Other

Taxes and Expenses

Tax Annual Amount:$4,689

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:
  • Financials
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:ALDENS SUB
Senior Community:No

Parking

Parking Total Spaces:6
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 Duplex
FEMA Flood Zone DesignationsX
Subdivision Number66
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:ALDENS SUB LOTS 1,2 BLK 62 FT LAUDERDALE 2-26 B LOT 9 LESS PT AS DESC IN OR 2800/596 BLK 1
Real Estate Folio Number (Parcel Number):504210660090
Zoning Description:ROC
Public Survey Range:50
Public Survey Section:10

Listing History

Update/EventDate/Days
Published Date:September 22, 2023 4:57 pm
On Market Date:September 22, 2023
Close Date:February 22, 2024
Price Change Date Time:January 3, 2024 11:07 am
Last Important Update Description:Closed
Date and Time of Last Important Update:February 27, 2024 10:26 am
Status Last Changed:February 27, 2024 10:26 am
Photos Last Modified:November 16, 2023 7:09 pm
Last Modified:February 27, 2024 3:27 pm
Days on the Market Reference Date:February 27, 2024
Days on the Market (updated on Last Modified*):129
Cumulative Days on the Market (updated on Last Modified**):129

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:29
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Ft Ldale SW (3470-3500;3570-3590)
Area:3470
Courtesy of:Meridian Commercial
Universal Property Id:US-12011-N-504210660090-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:400
Street Direction Prefix:SW
Street Address:400 SW 7th St
City : Fort Lauderdale
State : Florida
Zip Code : 33315
County : Broward County
Full Address:400 SW 7th St, Fort Lauderdale, FL 33315
Latitude:N26° 6' 45.9''
Longitude:W81° 51' 9.3''

Neighborhood

Postal City:Fort Lauderdale

Property Map