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$2,000,000
Est. payment /mo
4,492 SqFt
UPDATED:
11/26/2024 08:03 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,492 sqft
Price per Sqft $445
MLS Listing ID A11657946
HOA Y/N No
Year Built 1975
Annual Tax Amount $17,308
Lot Size 8,540 Sqft
Property Description
5 Unit waterfront building in desirable Middle River Terrace submarket in Fort Lauderdale. Great unit mix. 3 - 2 BR, 2 - 1 BR. 1/2 mile to downtown Wilton Manors. Property is concrete block. Central AC. Great value add opportunity. In place ownership for 27 years with current rents well below market. Underlying land value significant and allows construction of 4 units. A new owner could increase rents and bring to current market, potentially operate as short and mid term rental or lastly build new waterfront units.
Location
State FL
County Broward
Area 3370
Exterior
Waterfront Description Canal Access,Other
Total Parking Spaces 11
Building
Story 2
Level or Stories Two
Others
Tax ID 494235042502
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Listed by Union Street Partners, LLC
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