Fort Lauderdale, FL 33315,1630 SW 4th AVE 1-8
Fort Lauderdale, FL 33315,1630 SW 4th AVE 1-8
Fort Lauderdale, FL 33315,1630 SW 4th AVE 1-8
Listed by Coldwell Banker Commercial NRT
Bought with One Sotheby's International Realty
$1,750,000
Est. payment /mo
$1,800,000
2.8%
Est.Price: ?

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8 Baths
5,458 SqFt
SOLD DATE : 06/17/2022

Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 5,458 sqft

Price per Sqft $320

Subdivision Lauderdale

MLS Listing ID RX-10783825

Sold Date 06/17/22

Year Built 1969

Annual Tax Amount $15,848

Tax Year 2021

Lot Size 10,018 Sqft

Property Sub-Type MultiFamily (5+ Units)

Property Description

MORE INFO AVAILABLE IN OFFERING MEMORANDUM. CONTACT AGENT FOR A COPY. SHOWINGS BY APPOINTMENT ONLY.This value-add property provides great upside. The current owners have leased the entire building to two different tenants who rent the units on a short-term basis through platforms like Airbnb. Four are on month to month, two on leases that expire by this summer and two that run to October 1, 2022. A new owner can continue to run the property as short term rentals to increase their NOI or simply run it as a multifamily investment property. This property has a great unit mix with 75% being larger, highly desirable two bedroom units and the other two, one bedroom units. All units have nearly new central air conditioning.

Location

State FL

County Broward

Area 3500

Zoning RM-15

Interior

Heating Central

Cooling Central

Flooring Ceramic Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Electric, Gas Natural

Roof Type Concrete Tile

Building

Story 100.00

Foundation CBS

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Team At The Comerford Group

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