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Business Opportunity - TARPON RIVER for Sale

620 SW 7TH ST, FORT LAUDERDALE, FL 33315

Asking Price$1,490,000

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  • Living 2666sqft
  • Year Built 1960
  • Days on market:

    155 day(s)
  • Price per sqft:

    $558.89
  • Tax Legal Description:

    PINEWOOD PLACE RESUB PT BLK 62 FT LAUDERDALE 7-20 B LOT 11 LESS S 45 & LESS N 5 1/2 FOR R/W,12 LESS S 45,LESS N 5 1/2 & LESS W 5 FOR RD BLK
  • Tax Year:

    2022
  • Property Type:

    Business Opportunity
  • Style:

    Fourplex
  • Construction Type:

    Cbs Construction
  • Cooling Description:

    Central CoolingWall/Window Unit Cooling
  • Heating Description:

    Central HeatElectric Heat
  • Floor Description:

    Tile Floors
  • Sewer Description:

    Municipal Sewer
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,490,000 • living size area 2666 sqft

$10,150 monthly gross income. leases in place. very unique opportunity to own a legal 6-unit building in the desirable tarpon river neighborhood! four 1/1’s and two studios. 8,075 sqft lot. extensive renovations took place in 2018/2019 w/ permits. central ac’s are 2000, 2017, 2018 & 2021. mini split 2022. partial sewer re-pipe. 3-tab roof 2012. gas water heater 2012. siemens & ge electrical panels. six electric meters, one water meter. perfect building for either long term or short term rentals. attached in mls: rent roll/expense list, appraisal ($1,500,000), full inspection report, 4-pt, mitigation, survey, 2023-2024 homeowners insurance premium, & permit list. walk to trb, wells coffee, chimney house, himmarshee st, hardy park, broward center, the riverwalk, publix & more! flood zone x!

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