Fort Lauderdale, FL 33308,5410 NE 22nd Ter  #1-17
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Fort Lauderdale, FL 33308,5410 NE 22nd Ter  #1-17
Fort Lauderdale, FL 33308,5410 NE 22nd Ter  #1-17
Fort Lauderdale, FL 33308,5410 NE 22nd Ter  #1-17
Fort Lauderdale, FL 33308,5410 NE 22nd Ter  #1-17

$3,050,000

Est. payment /mo

$3,495,000

12.7%
Est.Price: ?

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5410 NE 22nd Ter #1-17 Fort Lauderdale, FL 33308

0.34 Acres Lot

SOLD DATE : 10/01/2024

Key Details

Sold Price $3,050,000

Property Type Multi-Family

Sub Type Income/Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Hemingway At Knollridge

MLS Listing ID F10451382

Sold Date 10/01/24

Construction Status Resale

HOA Y/N No

Year Built 1971

Annual Tax Amount $45,900

Tax Year 2023

Lot Size 0.344 Acres

Property Description

The Hemingway at Knollridge consists of 16 1/1 units all just over 600 sq ft under air and identical in layout. The property is comprised of 2 separate two story buildings that are fully fenced and separated by an attractive tropical courtyard. The apartments are well designed and spacious with a very large kitchen. Almost all the units are upgraded to a degree with new flooring, new appliances, refinished cabinets and hardware. The asset has been meticulously maintained by the proud local owner and shows no sign of deferred maintenance. It is 100% occupied with most tenants, long term and on a rolling lease allowing the new owner the opportunity to increase revenues. The building rarely has a vacancy with its high demand location, affordable rents, ample parking and clean condition.

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning RMM-25

Interior

Flooring Carpeted Floors, Ceramic Floor, Wood Floors

Exterior

Waterfront No

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Story 2.0000

Foundation Concrete Block Construction

Sewer Public Sanitation

Water Public Water

Construction Status Resale

Others

Pets Allowed No

Ownership Limited Partnership

Security Features Fenced

Acceptable Financing Cash, Conventional/Refinance

Listing Terms Cash, Conventional/Refinance

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Compass Florida, LLC
Bought with Compass Florida, LLC

Thomas Panos P.A.

Real Estate Wealth Advisor | License ID: SL3149010

+1(786) 473-5349

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