1521 SE 2nd Ct Fort Lauderdale, FL 33301
Listing Courtesy of: MIAMI / Fausto Commercial Realty Consultants Inc

  1521 SE 2nd Ct Fort Lauderdale, FL 33301

Active (38 Days)
$1,900,000

Description

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!

MLS #:
A11696103
Taxes
$26,901(2023)
Type
Multifamily
Year Built
1962
Style
Fourplex
County
Broward County
Community
Colee Hammock

Listed By

Elior Levi, Fausto Commercial Realty Consultants Inc
Source
MIAMI
Last checked Dec 26 2024 at 3:37 PM GMT+0000
Bathroom Details
Subdivision
  • Colee Hammock
Heating and Cooling
  • Wall Furnace
  • Wall/Window Unit(s)
Flooring
  • Vinyl
  • Tile
  • Other
Exterior Features
  • Roof: Built-Up
Utility Information
  • Utilities: Water Source: Public, Cable Available
  • Sewer: Public Sewer
Stories
  • 2
Living Area
  • 5,006 sqft
Location
   
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Disclaimer: Copyright 2024 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being 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. Data last updated 12/26/24 07:37