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1400 NE 4 St

Fort Lauderdale, FL 33301
  • $1,750,000
  • STATUS: Closed
  • ON SITE: 530 Days
  • ID#: F10386318
Sold - 01/08/2024
$1,750,000
SOLD - 01/08/2024
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1949
County:
Area:

School Ratings & Info

Description

Owner will hold 1st mortgage to qualified buyer with 40% downpayment - terms 6% interest, 5 yr balloon. Situated in one of Ft Lauderdales premier rental areas where rents are high and vacancies low! Prime corner lot in the heart of Victoria Park provides good exposure yet a garden terrace home feel for each all 6 apartments. Ideal unit sizes with four 1/1s and two 2/1s each offering appealing outdoor living space with private patios. Currently operating annually with long term tenants on a month to month basis after initial leases expired. Great quick upside potential with below market rents. Remodeling upgrades have been done to kitchen & bathrooms. Windows were replaced & accordion shutters added. Please drive by only, do not disturb tenants. Proof of funds to accompany all offers.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2024 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2024-12-04T22:19:10.09.
www.soaringrealestatefl.com/homes/140827310
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1400 NE 4 St Fort Lauderdale, FL 33301

  • Price: $1,850,000
  • Status: Closed
  • On Site: 530 Days
  • Updated: 41 min ago
  • ID#: F10386318
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1949
Built
Neighborhood:
3270
County:
Broward
Area:
3270
Property Description
Owner will hold 1st mortgage to qualified buyer with 40% downpayment - terms 6% interest, 5 yr balloon. Situated in one of Ft Lauderdales premier rental areas where rents are high and vacancies low! Prime corner lot in the heart of Victoria Park provides good exposure yet a garden terrace home feel for each all 6 apartments. Ideal unit sizes with four 1/1s and two 2/1s each offering appealing outdoor living space with private patios. Currently operating annually with long term tenants on a month to month basis after initial leases expired. Great quick upside potential with below market rents. Remodeling upgrades have been done to kitchen & bathrooms. Windows were replaced & accordion shutters added. Please drive by only, do not disturb tenants. Proof of funds to accompany all offers.
Exterior Features

Approximate Lot Size 125 x 60 appx Construction Type Cbs Construction Improvement Height 2 Stories Location Of Property City LocationCorner Lot Parking Description Common Parking Parking Spaces 6 Type Of Property Income/Multi-Family Waterfront Property YN No

Interior Features

Ceiling Description Plastered Floor Description Tile FloorsWood Floors Sq Ft Total 3664

Property Features

Auction YN No Geographic Area Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700) Information Available PhotosRent RollsExisting Survey Miscellaneous Information Fenced AreaLandscaped Ownership Self Proprietor/Individual Possession Information FundingSubject To Lease Property Sq Ft 7452 REO No Sale Includes Building & Land Security Information Fenced Sewer Description Public Sanitation Short Sale No Tax Amount 17688 Tax Year 2022 Terms Considered CashOwner Financing Total Expenses 37246 Water Description Public Water Year Built Description Resale Zoning Information RC-15

Listing provided courtesy of The Keyes Company: (954) 563-6800. Listing information © 2024 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2024 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2024-12-04T22:19:10.09.
 
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Soaring Real Estate, LLC
902 NE 1st Street
Pompano Beach FL, 33060