$765,000
$850,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
499 NW 42nd St Fort Lauderdale, FL 33309
0.3 Acres Lot
Key Details
Sold Price $765,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10448943
Sold Date 09/05/24
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 13166
Year Built 1969
Annual Tax Amount $15,720
Tax Year 2023
Lot Size 0.302 Acres
Property Description
Recent price improvement to make this one of the best values per unit In the heart of Oakland Park you will find this effeciently designed building with a big shed inside a new fence and gate. Roof is sound and redone in 2017. Plenty of parking on two sides of the building. BCPA says it is 7 units. It is 5 one bedrooms units and 1 efficiency house long term tenants. 5 are month to month and 1 lease expires in the Aug 31, 2024 and will not be renewed. Rents are below market with plent of room to raise rent. $142000 per unit. Large storage shed conveys with sale. Units 5 (one BR) and 6 (efficiency) were at one time a 2 BR 2 Bath unit and could be put back as a two bedroom with little work.
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RM-16
Interior
Flooring Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Story 1.0000
Foundation Concrete Block Construction
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Security Features Fenced
Acceptable Financing Cash
Listing Terms Cash
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Bought with Rich Homes of Florida