1150 NE 17TH CT, Fort Lauderdale, FL 33305
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1150 NE 17TH CT, Fort Lauderdale, FL 33305
1150 NE 17TH CT, Fort Lauderdale, FL 33305
1150 NE 17TH CT, Fort Lauderdale, FL 33305
1150 NE 17TH CT, Fort Lauderdale, FL 33305
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$ 13,249,000
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1150 NE 17TH CT Fort Lauderdale, FL 33305

9,770 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,770 sqft

Price per Sqft $1,356

MLS Listing ID B26085867

HOA Y/N No

Year Built 1974

Annual Tax Amount $49,087

Tax Year 2025

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Multi Family

Property Description

EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.

Location

State FL

County Broward

Area 3370

Zoning RM-15

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplace No

Exterior

Parking Features Assigned, Common

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Connected

Water Access Desc Public

Roof Type Flat,Shingle,Tar/Gravel,Tile

Accessibility None

Total Parking Spaces 25

Building

Lot Description 1/4 to 1/2 Acre Lot

Dwelling Type Warehouse

Story 2

Sewer Public Sewer

Water Public

Structure Type CBSConcreteBlockStructure,Block,Frame

Others

Tax ID 494235040010

Security Features None,Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/1150-NE-17TH-Court-Fort-Lauderdale-FL-33305/unbranded


BeachesMLS, Inc. (FLR) IDX
Listed by Inbal Ruiz Inbal Ruiz
Angela Ackermann

Angela Ackermann

Broker Associate License ID: BK3019936

+1(772) 418-4420

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1150 NE 17TH CT