505 SE 20th St, Fort Lauderdale FL 33316

$1,590,000

$200,000
Price Decreased

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Overview

Year Built

1958

Property Type

Quadruplex

Property Description

Amazing Opportunity to Own a 6 Unit Multi-Family Complex in the Heart of Fort Lauderdale. This Property Features 6 Fully Furnished Units: 2 2Bed/1 Bath Units, 2 1Bed/1Bath Units and 2 Studios. All The Units Are Fully Equipped with Kitchens and Tons of Closet Space. Property has 10 Parking Spots and On-Site Laundry. All The Units Feature Wood and Tile Floors. Location Offers Easy Access to Port Everglades, Fort Lauderdale-Hollywood International Airport, All Major Roadways, Shopping, Dining, Public Parks and Public Transportation. Just Minutes to the White Sandy Fort Lauderdale Beaches! This property has been on Airbnb management, the yearly revenue is $160k with 86% occupancy (attached document)

Property Details

MLS#

A11832384

Total Floor in Bldg

2

Building

None

Address

505 20th St SE

City

Fort Lauderdale

State/county

FL

Zip/Postal Code

33316

Area

None

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$24,266

Maint Fee

$--

Tax Year

2024

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Boris Gelfand