$4,900,000
New to market extensively renovated apartment complex completed in 2022 producing $423k gross on annual leases, $289,617k net @ 6.5% cap properly underwritten on sale-price taxes, expenses, vacancy & maintenance 14 large units with 26 bedrooms, 80 windows, private yards, 23 parking spots. 10,000sqft, 3 lots totaling half an acre impact windows & doors, kitchens, railings, plumbing & driveway paving 2019 hvac & updated electric & new roof with 20 year warranty 40 year certification in 2019 4 point wind inspection 2023 located in a million-dollar home neighborhood, on 4th avenue, very close to near downtown las olas, international airport & shipyard, marina mile yacht industry. high demand area for airline & ship workers, stewardesses, traveling nurses, remote workers.335 SW 20TH ST, FORT LAUDERDALE, FL 33315
Income/MultiFamily - for Sale
335 SW 20TH ST, FORT LAUDERDALE, FL 33315Asking Price$4,900,000 Change Price$400,000
- Lot size 22000sqft
- Taxes $32,000
- Year Built 1975
-
Days on market:
93 day(s) Original Price:
$4,650,000Tax Legal Description:
LAUDERDALE 2-9 D LOT 17,18 W1/2 BLK 94-
MLS:
A11380700 -
Property Type:
Income/MultiFamily
Lease Term Remaining:
Annual LeaseCooling Description:
Central Individual A/CHeating Description:
Central Individual A/CFloor Description:
TileVinylSpecial Listing Conditions:
Sale