1228 SE 1st St, Fort Lauderdale, FL 33301

$1,320,000
List Price
$1,320,000
Price Change
▲ $71,000 1619906831
MLS#
F10277355
Status
ACTIVE
Type
Multifamily
Building Name
Colee Hammock
City
Fort Lauderdale
Year Built
1952
Lot Dimensions
6750 sqf

Property Description

Are you looking for a unique property only 3 blocks away from Las Olas Boulevard? You just found it. As you can see in the photos all units have been tastefully remodeled. This rare gem includes 4 fully furnished apartments each with private patio areas: 1 studio,2 one-bedroom units, & 1 two-bedrooms. The building has a new roof, a/c units, impact windows, kitchens, appliances, and much more. Your cap rate is determined by how you run the operation either as a vacation rental or a yearly rental. Location, location, location. Located in the heart of E. Ft. Lauderdale, very close to the beach and walking distance to entertainment, shops, & restaurants. Registered and code-compliant as a 4-unit short-term with the State & the City. Income is calculated as a vacation rental with 70% occupancy.

Additional Information

Subdivision
Colee Hammock
Taxes
$9,963
Heating
Central Heat
Flooring
Ceramic Floor
Parking Spaces
8
Water
Municipal Water
Sewer
Municipal Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass Florida, LLC.