Fort Lauderdale, FL 33309,499 NW 42nd St
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Fort Lauderdale, FL 33309,499 NW 42nd St
Fort Lauderdale, FL 33309,499 NW 42nd St
Fort Lauderdale, FL 33309,499 NW 42nd St

$765,000

Est. payment /mo

$850,000

10.0%
Est.Price: ?

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499 NW 42nd St Fort Lauderdale, FL 33309

0.3 Acres Lot

SOLD DATE : 09/05/2024

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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BeachesMLS Matrix (RAPB-F prefix)
Listed by Charles Rutenberg Realty FTL
Bought with Rich Homes of Florida

Thomas Panos P.A.

Real Estate Wealth Advisor | License ID: SL3149010

+1(786) 473-5349

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