Fort Lauderdale, FL 33301,1228 SE 1st St

$707,000

Est. payment /mo

$719,000

1.7%
Est.Price: ?

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1228 SE 1st St Fort Lauderdale, FL 33301

2,050 SqFt

SOLD DATE : 11/21/2017

Key Details

Sold Price $707,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,050 sqft

Price per Sqft $344

Subdivision Colee Hammock 1-17 B

MLS Listing ID F10082182

Sold Date 11/21/17

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $7,284

Tax Year 2016

Property Description

Lovely 4 unit investment property. 3 blocks from Las Olas Blvd. Centrally located within 1.5 miles from beach in the heart of Downtown Fort Lauderdale. Upgrades include updated roof, landscaping, and freshly painted exterior. All units each have private patios in the rear of the property. Coin operated washer/dryer is included. Great market rents! Perfect property for seasonal or furnished rentals. Property also has future development potential. Zoned RM 15 (SFH, TH, MULTI, B&B) Projected cap rate of 7.8%

Location

State FL

County Broward County

Community Colee Hammock

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

Zoning RM-15

Interior

Heating Reverse Cycle Unit, Window/Wall

Cooling Electric Cooling, Wall/Window Unit Cooling

Flooring Ceramic Floor

Exterior

Exterior Feature Patio

Waterfront No

Water Access N

Roof Type Flat Roof With Facade Front

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition As Is

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BeachesMLS Matrix (RAPB-F prefix)
Listed by NextHome Realty Professionals

Thomas Panos P.A.

Real Estate Wealth Advisor | License ID: SL3149010

+1(786) 473-5349

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