Home » Fort Lauderdale » 200 SW 38th Ave, Fort Lauderdale, FL 33312 | F10438465

Multi Family Sold 200 SW 38th Ave, Fort Lauderdale, FL 33312

$1,850,000
closed for a price of $1,850,000

Property Highlights

Listing ID F10438465 Status of this Listing: Closed Sold Property Type Commercial Sale Multi Family Lot area 9,916 Sqft/921.23 m2 approx. Year Built 1960 Time of this property from published date until Closing Date 126 Days

200 SW 38th Ave, Fort Lauderdale, FL 33312

Property Description: Well taken care of 10 unit bldg, always rented. New roof 2023. Same owner over 30 years. Contiguous 9 unit bldg at 3770 SW 1 Street also available and the two must be sold together. Contract must provide for a 1031 exchange.

Useful Info

Contingency:Financing
Original List Price:$1,850,000
Close Price:$1,850,000

Business Info

Gross Scheduled Income:156000

Land Lot (Parcel) Details

Lot Size Acres:0.2276
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Buildings:1
Number of Units Total:1
Property Condition:
  • Resale
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Other
Stories:2
Road Frontage Type:
  • City Street

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
  • Fenced
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$21,169

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
Insurance Expense:$18,000

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Tenant Pays:
  • Electricity
  • Minor Interior Maintenance
Lease Considered:No

Community

Building Name:Lauderdale Arms
Senior Community:No

Parking

Covered Spaces:0
Parking Features:
  • Common

Utilities

Sewer:
  • Public Sewer
Electric:
  • 200+ Amp Service
Utilities Expense:$7,000
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10438465

Zoning and Legal

Tax Legal Description:MELROSE PARK SEC 8 39-36 B LOT 21 BLK 8
Real Estate Folio Number (Parcel Number):504207081720
Zoning Description:RM-15
Public Survey Township:5042
Public Survey Section:7
Title to the property is held by owner as:
  • Self Proprietor/individual

Listing History

Update/EventDate/Days
Published Date:May 7, 2024 3:51 pm
On Market Date:May 7, 2024
Listing Contract Date:May 7, 2024
Contingent Date:May 7, 2024
Close Date:September 10, 2024
Price Change Date Time:May 7, 2024 3:51 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 10, 2024 3:30 pm
Status Last Changed:September 10, 2024 3:30 pm
Photos Last Modified:May 10, 2024 11:09 am
Last Modified:September 10, 2024 7:30 pm
Days on the Market Reference Date:September 10, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Lot Size Range:,
Number of Photos:2
Location:,In Residential Area
Included:Building & Land,,
Geographical Area:Ft Ldale SW (3470-3500;3570-3590)
Area:3570
Courtesy of:Florida Professional R E Inc
Universal Property Id:US-12011-N-504207081720-R-N

Location

Show Property Address:Yes
Street Name:38th Ave
Street Number:200
Street Direction Prefix:SW
Street Address:200 SW 38th Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33312
County : Broward
Full Address:200 SW 38th Ave, Fort Lauderdale, FL 33312
Latitude:N26° 7' 9.5''
Longitude:W81° 48' 3.5''

Neighborhood

Postal City:Fort Lauderdale

Property Map