Home » Fort Lauderdale » 637 NW 15 TER, Fort Lauderdale, FL 33311 | A11514090

Fourplex (Quadruplex) Sold 637 NW 15 TER, Fort Lauderdale, FL 33311

$1,580,000
closed for a price of $1,500,000

Property Highlights

Listing ID A11514090 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Year Built 1965 Time of this property from published date until Closing Date 113 Days

637 NW 15 TER, Fort Lauderdale, FL 33311

Property Description: ATTENTION TO ALL INVESTORS looking for a turn key multifamily with solid tenants and great returns. This property consist of 8 legal units, all units have separate FPL meters and one water meter. The property went through an intensive permitted renovation, brand new electrical system, plumbing, sprinkler system, driveway, landscaping and interior remodeling, hurricane shutters in all windows, both roof were done in 2016. Currently collecting $11,631/month with potential to increase it to $12,600 at renewal (two tenants already renewed at $1,575/month). One parking space per unit. Please do not bother tenants. Serious inquiries only!

Useful Info

Contingency:No Contingencies
Original List Price:$1,580,000
Close Price:$1,500,000

Lease Details

Rent Includes:
  • Trash Collection
  • Water
  • Gardener

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:
  • Flat
  • Tile
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$13,753

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:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

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

Community

Subdivision Name:Riverbend
Senior Community:No

Parking

Parking Total Spaces:8
Covered Spaces:0

Utilities

Sewer:
  • Other
Utilities Available:
  • Cable Not Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Type of AssociationNone
Style Fourplex
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:DORSEY PARK 19-5 B LOT 25,26 BLK 2
Real Estate Folio Number (Parcel Number):504204230240
Zoning Description:unknown

Listing History

Update/EventDate/Days
Published Date:January 13, 2024 1:25 pm
On Market Date:January 13, 2024
Close Date:May 5, 2024
Price Change Date Time:January 13, 2024 12:54 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 20, 2024 8:39 am
Status Last Changed:May 20, 2024 8:39 am
Photos Last Modified:January 13, 2024 6:46 pm
Last Modified:May 20, 2024 12:39 pm
Days on the Market Reference Date:May 20, 2024
Days on the Market (updated on Last Modified*):80
Cumulative Days on the Market (updated on Last Modified**):80

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:51
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3460
Courtesy of:Jade International Realty LLC
Universal Property Id:US-12011-N-504204230240-R-N

Location

Show Property Address:Yes
Street Name:15 TER
Street Number:637
Street Direction Prefix:NW
Street Address:637 NW 15 TER
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward County
Full Address:637 NW 15 TER, Fort Lauderdale, FL 33311
Latitude:N26° 7' 49.6''
Longitude:W81° 50' 12.9''

Neighborhood

Postal City:Fort Lauderdale

Property Map