Home » Fort Lauderdale » 2151 NW 7th St, Fort Lauderdale, FL 33311 | A11549250

Fourplex (Quadruplex) For Sale 2151 NW 7th St, Fort Lauderdale, FL 33311

$3,174,000
Price has decreased by $1,000

Property Highlights

Listing ID A11549250 Status of this Listing: Active Under Contract (An offer has been accepted, considering Backup Offers) For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 9,423 Sqft/875.43 m2 approx. Building Area 9,423 Sqft/875.43 m2 approx. Year Built 1964 Time of this property on Rebonus 322 Day(s)
  • 2151 NW 7th St Fort Lauderdale MLS A11549250 Listing Photo #1
  • 2151 NW 7th St Fort Lauderdale MLS A11549250 Listing Photo #2

2151 NW 7th St, Fort Lauderdale, FL 33311

Property Description: ASSUMABLE LOAN !!! $1.5M at 6.25% interest only until 2027 After that Principal and interest unit 2052 !!!! ,14-unit building- 2 (3 bedrooms) 12 (2 bedrooms) Call listing agent for Profit and loss. CURRENTLY GROSSING $26K per month with very low expenses. Proforma OF 30K per month within the next 12 months. The property is currently being painted. Minimal turnover tenants have been here for years.

Useful Info

Contingency:Other
Previous Asking Price:$3,175,000
Original List Price:$3,175,000

Lease Details

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

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • Fourplex
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Other
Stories:2

Property Features

Waterfront:No
Roof:
  • Flat
Air Conditioning:Yes
Air Conditioning System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$40,659

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 City & County Tax

Terms

Documents Available:
  • Rent Rolls
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Assumable (The financing currently in place may be assumed)
  • Other
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:WASHINGTON PARK
Senior Community:No

Parking

Parking Total Spaces:14
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Flood ZoneAH,X
Type of AssociationNone
StyleFourplex
FEMA Flood Zone DesignationsAH,X
Ref1063221607
Subdivision Number1

Zoning and Legal

Tax Legal Description:WASHINGTON PARK 19-22 B LOT 15,16 BLK 11
Real Estate Folio Number (Parcel Number):504205011840
Zoning Description:RMM-25
Public Survey Range:50

Listing History

Update/EventDate/Days
Published Date:March 12, 2024 4:09 pm
On Market Date:March 12, 2024
Price Change Date Time:August 23, 2024 9:51 pm
Last Important Update Description:Active Under Contract (An offer has been accepted, considering Backup Offers)
Date and Time of Last Important Update:January 27, 2025 9:33 am
Status Last Changed:January 27, 2025 9:33 am
Photos Last Modified:May 8, 2024 1:44 pm
Last Modified:January 27, 2025 2:33 pm
Days on the Market Reference Date:January 27, 2025
Days on the Market (updated on Last Modified*):236
Cumulative Days on the Market (updated on Last Modified**):859

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos:2
Location:,,1/4 To Less Than 1/2 Acre Lot
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3400
Automated Valuation Display:Yes
Courtesy of:WERC Realty, LLC
Universal Property Id:US-12011-N-504205011840-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:2151
Street Direction Prefix:NW
Street Address:2151 NW 7th St
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward
Full Address:2151 NW 7th St, Fort Lauderdale, FL 33311
Latitude:N26° 7' 53.4''
Longitude:W81° 49' 40.4''

Neighborhood

Postal City:Fort Lauderdale

Property Map