USD 889,000

901-903 SE 14th St
Fort Lauderdale, Florida 33316

Beds
Baths 0

Property Description

GREAT INVESTMENT PROPERTY with 4 units in popular Harbordale, minutes from Las Olas, downtown & only 2 MILES TO THE BEACH. Large fenced-in backyard for outdoor cooking and relaxation. 2 laundries on site that can easily be converted into 4. Parking for 8 cars. 2022 NEW ROOF & FLAT ROOF, pitched tile roof 2014, 2 separate electrical panels 2018, AC's mini-splits 2010, 2012 & 2017. Tankless water heater 2018 and another water heater 2014. 2 units have been completely updated with all new appliances (3 yo). Units currently leased are under market value and could rent for more. Leases expire in December. Prime opportunity for Airbnb and short-term rentals due to location. Close to FTL airport **Potential CAP rate 6.44%**

Listed by Compass Florida, LLC

Property Details

ID #
A11275410
Status
Sale
Type
House, Residential, Duplex, Triplex
Zip Code
33316
Building Area
2,472ft2
Year Built
1950
Parking Spaces
8
Building Feature
Air Conditioning, Cable Tv
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction, Stucco Exterior Construction
Cooling
Ceiling Fans
Exterior Features
Fence, Laundry Facility, Room For Pool
Floor
Tile Floors
Heating
Window/Wall
Lot
1/4 To Less Than 1/2 Acre Lot
Occupancy
Tenant Occupied
Roof
Built-Up Roof, Roof Over
Storm Protection
Complete Impact Glass
Utilities
Internet
Windows Treatment
High Impact Windows
Zoning Information
08-02 Multi-family
Disclaimer: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.
Listing content provided by the Miami Association of REALTORS

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