Home » Fort Lauderdale » 1539-1541 NW 8th Ave, Fort Lauderdale, FL 33311 | A11458896

Fourplex (Quadruplex) Sold 1539-1541 NW 8th Ave, Fort Lauderdale, FL 33311

$799,000
closed for a price of $788,000

Property Highlights

Listing ID A11458896 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,504 Sqft/232.63 m2 approx. Building Area 2,504 Sqft/232.63 m2 approx. Year Built 1975 Time of this property from published date until Closing Date 43 Days

1539-1541 NW 8th Ave, Fort Lauderdale, FL 33311

Property Description: Recently renovated Fourplex offering Tremendous Potential! This modernized fourplex is a true gem, catering to both homeowners and savvy investors. Each unit has 2 bedrooms and 1 bath, complete with remodeled kitchens, culminating in a total of 8 bedrooms and 4 baths. The property is fortified with impact windows, ensuring security and tranquility. Both front units are already rented for $2,000 monthly. The back 2 units are vacant but can be rented for $1,800-$2,000 totaling a monthly gross income of $7,600-$8K! 5 parking spaces so 1 for each unit and the 2 extra spaces can be rented out for extra income. Also coin laundry can be added for extra income as well!

Useful Info

Contingency:Other
Original List Price:$799,000
Close Price:$788,000

Lease Details

Rent Includes:
  • Hot Water
  • Water
  • Electricity

Land Lot (Parcel) Details

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

Construction

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

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,200

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

Terms

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

Community

Subdivision Name:PROGRESSO
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 No Exemptions
Flood ZoneX
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsX
Subdivision Number1
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:PROGRESSO 2-18 D LOT 2 BLK 25
Real Estate Folio Number (Parcel Number):494234014820
Zoning Description:RDS-15
Public Survey Range:49
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:September 26, 2023 3:29 pm
On Market Date:September 26, 2023
Close Date:November 8, 2023
Price Change Date Time:September 26, 2023 9:45 am
Last Important Update Description:Closed
Date and Time of Last Important Update:November 20, 2023 12:40 pm
Status Last Changed:November 20, 2023 12:40 pm
Photos Last Modified:September 26, 2023 7:38 pm
Last Modified:November 20, 2023 5:41 pm
Days on the Market (updated on Last Modified*):7
Cumulative Days on the Market (updated on Last Modified**):7

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:16
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3400
Courtesy of:Chez Realty, LLC.
Universal Property Id:US-12011-N-494234014820-R-N

Location

Show Property Address:Yes
Street Name:8th Ave
Street Number:1539-1541
Street Direction Prefix:NW
Street Address:1539-1541 NW 8th Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward County
Full Address:1539-1541 NW 8th Ave, Fort Lauderdale, FL 33311
Latitude:N26° 8' 48.9''
Longitude:W81° 50' 47.4''

Neighborhood

Postal City:Fort Lauderdale

Property Map