This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.
Mls | A11572781 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Year | 1982 |
Days On Site | 239 |
Listing Provided By | The Cross Atlantic Group | Omer Shahar |
Sq Feet | 3,193 |
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Storys | 1 |
Units | 5 |
Buildings | 1 |
Zoning | CB |
Acreage | 9134.00 |
State | FL |
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County | Broward |
City | Fort Lauderdale |
Zip Code | 33311 |
Area | 3400 |
Subarea | Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810) |
Listing VS Median (in 33311) | |
Price: $549,900 low | high Med: $265,000 SqFt: 3,193 low | high Med: 1,496 $ / SqFt: $172 low | high Med: $177 On Site: 239 low | high Med: 87.000000 |