1175 SW 16th Ave
Fort Lauderdale, FL 33312
-- Bed-- Bath1,502 Sq Ft215 Days on Market
For Sale $1,165,000
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Courtesy of Optimar International Realty
Listing Agent & Comments
Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two badroom two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!
MLS# A11573474 • Data provided by Miami MLS
| Living Area | 1,502 Sq.Ft. |
|---|---|
| Lot Size | -- |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 2 |
| Year Built | 1987 |
| Property Type | Multifamily |
| Zoning | -- |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | -- |
| Tax Amount | -- |
| Property in Flood Zone | -- |
Data provided by Miami MLS.
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This property is missing data for:
Forecast and sale history
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HouseCanary, Inc. Brokerage
1175 SW 16th Ave., Fort Lauderdale, FL 33312
Multifamily-- Bed-- Bath1,502 Sq Ft215 Days on Market
Listing Agent & Comments
Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two badroom two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!
MLS# A11573474 • Data provided by Miami MLS
| Living Area | 1,502 Sq.Ft. |
|---|---|
| Lot Size | -- |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 2 |
| Year Built | 1987 |
| Property Type | Multifamily |
| Zoning | -- |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | -- |
| Tax Amount | -- |
| Property in Flood Zone | -- |
Data provided by Miami MLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Forecast and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,165,000
Request tour
Save
Courtesy of Optimar International Realty
1175 SW 16th Ave
Fort Lauderdale, FL 33312
-- Bed-- Bath1,502 Sq Ft215 Days on Market
Listing Agent & Comments
Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two badroom two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!
MLS# A11573474 • Data provided by Miami MLS
| Living Area | 1,502 Sq.Ft. |
|---|---|
| Lot Size | -- |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 2 |
| Year Built | 1987 |
| Property Type | Multifamily |
| Zoning | -- |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | -- |
| Tax Amount | -- |
| Property in Flood Zone | -- |
Data provided by Miami MLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Forecast and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,165,000
Request tour
Save
Courtesy of Optimar International Realty