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Gelfand Realty Miami Properties for Sale - Commercial for Sale

100 SE 21ST ST #1-8, FORT LAUDERDALE, FL 33316

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Commercial - for Sale

100 SE 21ST ST #1-8, FORT LAUDERDALE, FL 33316

Asking Price$1,950,000

Share by:
  • Year Built 1977
  • Days on market:

    154 day(s)
  • Tax Legal Description:

    WHITES SUBDIVISION 28-1 B LOT 2
  • Tax Year:

    2022
  • Property Type:

    Commercial
  • Parking:

    Assigned Parking
  • Construction Type:

    Concrete Block Construction
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Individual A/C
  • Floor Description:

    Tile Floors
  • Sewer Description:

    Public Sanitation

Description

$1,950,000

Freshly painted, contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central ac. complex has 12 parking spaces guest and assigned. total square footage under air is 4,912 total lot square ft. 14,300, 6 out of the 8 units are month to month. present rents are below market value w/renovations the potential gross income $175,000 + and 6% + cap rate. expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. excellent location mins to beaches, restaurants, shoppes, groceries and expressway. no seller financing available.

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