Property 1150 NE 17TH Court, Fort Lauderdale, FL 33305 for sale with MLS# B26085867

EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.

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1150 NE 17TH Court, Fort Lauderdale, FL 33305

Price
Price:
$13,249,000.00
Original List Price:
$13,249,000.00
Lease Details
Tenant Pays:
Electricity, Cable Tv, Interior Electric
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
New Listing
Last Major Update on:
October 8, 2026 4:31 pm
Measures
Built-Up Area:
9,770 Sqft
Lot Area:
18,334 Sqft
Building Area Source:
Other
Lot Size Acres:
0.42
Property Features
Security:
Smoke Detector(s), None
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1974
Roof:
Flat, Tile, Shingle, Tar/gravel
Number of Buildings:
1
Number of Units Total:
55
Construction Materials:
Frame, CBS
Flooring:
Tile, Wood
Number of stories:
2
Structure Type:
Warehouse
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$49,087.78
Tax Year:
2025
Tax Assessed Value:
$2,402,930.00
Parking
Parking Total Spaces:
25
Parking Features:
Common, Assigned
Utilities
Sewer:
Public Sewer
Electric:
220 Volts, 110 Volts
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Connected
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Deed, Rent Rolls, Photos, Existing Survey, Copy Of Lease(s), Owner Managed
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Subject To Tenant Rights, Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
LAUDERDALE PARK 6-33 1/2 B LOT 1 THRU 3,33 BLK 1
Real Estate Folio Number (Parcel Number):
494235040010
Zoning:
RM-15
Listing History
Active on the market since:
October 8, 2026
Listing Agreement executed on:
October 8, 2026
Listing Status Last Changed On:
October 8, 2026 4:31 pm
Photos updated on:
October 8, 2026 4:38 pm
Last Modified:
October 15, 2026 9:18 pm
Additional Information
Courtesy of:
Inbal Ruiz
Attribution:
Not provided
Location
Street Name:
17TH
Street Number:
1150
City:
Fort Lauderdale
State:
Florida
Zip Code:
33305
County:
Broward
Latitude:
N26° 9' 1.7''
Longitude:
W81° 52' 3.5''
Street Suffix:
Court
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $89,944
Median Home Value $558,200
Median Rent $1,850/mo
Median Age 51
Population 12,961
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Association of REALTORS®
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