$5,750,000
Fort Lauderdale, FL 33304
MLS# FX-10414943
Status: Closed
15489 sqft
1 / 39
Property Description
Prime Investment Opportunity in Victoria Park Offered at $7,500,000 Nestled in the heart of Victoria Park, this unique property presents an exceptional investment opportunity. For sale are a total of 27 units, seamlessly blending modern amenities with a prime location. Situated on over an acre of land, this investment includes the following adjacent properties: 840 NE 17th Avenue, Fort Lauderdale 828 NE 17th Avenue, Fort Lauderdale 832 NE 17th Avenue, Fort Lauderdale 820 NE 17th Avenue, Fort Lauderdale 1702 NE 9th Street, Fort Lauderdale The units, currently occupied by a mix of short- and long-term tenants. Notable upgrades include the replacement of windows and doors with impact glass and newer roofs.
Details
Contract Information
List Price/SqFt: 451.93
Listing Date: 2023-12-28
Status: Closed
Original List Price: 7500000
Sold Price: $5,750,000
Current Price: $5,750,000
General Property Description
Total # of Units: 27
Property Condition: Resale
Number of Stories: 2
Waterfront: No
Homeowners Assoc: None
HOA/POA/COA (Monthly): 0
Private Pool: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Type: Quad Plex
Year Built: 1958
SqFt - Living: 15489
Subdivision: Progresso 2-18 D
Location, Tax & Legal
Geo Area: FTNW
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2022
Zoning: RMM-25
Taxes: 25170
REO: No
Area: 3720
County: Broward
Parcel ID: 494234060180
Street #: 828
Street Dir: NE
Street Name: 17th
Street Suffix: Avenue
Zip Code: 33304
Legal Desc: PROGRESSO 2-18 D LOT 18 LESS S 25,19 BLK 239
Geo Lat: 26.134969
Geo Lon: -80.125477
Office/Member Info
DXORIGMLNO: F10414943
DXORIGMLSID: FLL
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 371.23
Under Contract Date: 2024-05-01
Sold Date: 2024-05-17
Sold Price: $5,750,000
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Monthly Income: 1
Income & Expenses
Gross Operating Inc: 729048
Avail Info
Accounting: 1
Investment Analysis: 1
Construction
Block: 1
Concrete: 1
Lot Description
1 to < 2 Acres: 1
Private Pool Description
Child Gate: 1
Inground: 1
Cooling
Central: 1
Heating
Central: 1
Flooring
Vinyl Floor: 1
Utilities
Cable: 1
Public Sewer: 1
Public Water: 1
Roof
Comp Shingle: 1
Maintenance Fee Incl
Pool Service: 1
Sewer: 1
Trash Removal: 1
Water: 1
Terms Considered
Cash: 1
Conventional: 1
Contingencies
None: 1
Income Expenses
Annual Total Expense: 310507
Annual Net Oper Inc: 409041
Property Features
Construction: Block; Concrete
Private Pool Description: Child Gate; Inground
Lot Description: 1 to < 2 Acres
Maintenance Fee Incl: Pool Service; Sewer; Trash Removal; Water
Flooring: Vinyl Floor
Cooling: Central
Heating: Central
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Avail Info: Accounting; Investment Analysis
Contingencies: None
Listing Office: LoKation
Last Updated: May - 17 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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