-
DESCRIPTION
24-unit apartment building. Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). Kings Pointe II Apartments. Highlights. The building has a metal roof that was completed in 2012, and metal roofs have a lifespan of 40 to 70 years. The building also has a 10-year recertification that was completed on 11/03/2020. Stabilized asset boasting 100% occupancy, generates a stable income, with minimal deferred maintenance. With an average effective rent of $1712, an investor has the opportunity to increase rental rates to be competitive within the market as units turn.Additionally new Investor can also increase income by charging back the tenants for utilities usage.,
, RIVERSIDE PARK 7-24 B LOT 21 TO 24,LOT 25 LESS BEG NE COR LOT 25,W 45 TO POB,CONT W 5,S 110,E 15,NW 110.50 TO POB FOR RD R/W BLK 2
FEATURES- Building Area Total 16911
- Building Area Units Square Feet
- City Fort Lauderdale
- Contract Status Change Date 2024-05-07 00:00:00
- County Or Parish Broward County
- Days On Market 41
- Dual Variable Compensation Yes
- Latitude 26
- List A O R A-Miami Association of REALTORS
- List Price 6500000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Square Feet 26399
- Lot Size Units Square Feet
- Major Change Type Price Decrease
- Mls Status Active
- On Market Date 2024-05-07 00:00:00
- Original List Price 6700000
- Originating System Name miamire
- Parcel Number 504209120310
- Postal Code 33312
- Postal Code Plus4 3286
- Previous List Price 6700000
- Property Type Commercial Sale
- Public Survey Range 50
- Public Survey Township 50
- Standard Status Active
- State Or Province FL
- Tax Legal Description
RIVERSIDE PARK 7-24 B LOT 21 TO 24
LOT 25 LESS BEG NE COR LOT 25
W 45 TO POB
CONT W 5
S 110
E 15
NW 110.50 TO POB FOR RD R/W BLK 2 - Unparsed Address
1916 SW 11th St
Fort Lauderdale FL 33312 - Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/mia/A11587494
- Year Built 1967
- Zoning RD-15
Tracy Mani
LISTING AGENT
Listing Provided by:
Alexis Lizama
Coldwell Banker Realty
The multiple listing information is provided by Miami Association of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©️2019 Miami Association of REALTORS. All Rights Reserved.
The information provided is for consumers’ personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
