$ 1,623,000.00

1115 SW Middle St Fort Lauderdale FL 33312



  • Date added:
    09/18/20
  • Post Updated:
    2020-09-18 04:43:03
  • MLS #:
    F10249549
  • Type:
  • Listing Type:
    Exclusive Right
  • Status:
  • Floors:
    2
  • Lot size:
    9376 sq ft
  • Board:
    BeachesMLS
  • Data Last Updated:
    2020-09-17T20:15:05.830
  • Courtesy of:
    United Realty Group Inc

Description

Wow! very nice little complex, 5 townhouses, fully rented with great tenants, updated, just painted, redone roof, nicely fenced, each unit have their own private back yard, high impact windows and build in shutters. Very nice property for the rigth investor looking for appreciation in the most desirable area of Fort Lauderdale, easy access to Airports, Ports, down town and Las Olas Blvd, Tenants can walk 5 blocks to the museums, marinas and restaurants. This is a location, location, location deal. Nicely maintained, great tropical landscape, long time service providers therefore very low maintenance, nothing to fix here, this is a turn key operation, no surprises or need it to do. just close and start collecting rent. Very safe investment in the famous and Historical Sailboat Bend Marina

  • Broker Remarks: Appointment only, property have a security camera system, do not talk to tenants, DO NOT TESPASSING” If you are working with a serious investor just call listing agent. Very flexible but send proof of funding or financing qualifications, plus sign the non disclosure agreement before showing. This is a real deal all numbers are black and white, CAP is 4.3% and with potential to increase, no need for remodeling or repairs. Very nice units solid tenants all vested and full deposits and securities.

View on map / Neighborhood

  • County: Broward County
  • Directions: Broward Blvd west from Federal to 11th Avenue, south to Middle Street, (AKA 2nd Ct) building on the north side.
  • Geographic Area: Ft Ldale SW (3470-3500;3570-3590)
  • Location of Property: City Location,In Residential Area

Property Details

  • ADOM: 1
  • Original List Price: 1623000
  • Section: 9
  • Unit Count: 5
  • Construction Type: Concrete Block Construction
  • Legal Description: WAVERLY PLACE 2-19 D LOT 8 TO 10 BLK 116
  • # Buildings: 1
  • # Units: 5
  • # Stories: 2
  • Occupancy Information: Tenant Occupied
  • Ownership: Limited Partnership
  • Parcel #: 504209091810
  • Parcel # MLX: 1810
  • Price Unit: 324600
  • Showing Instructions: 24 Hour Notice,Call Listing Agent,Showing Time
  • Terms Considered: Assumption,Cash,Conventional/Refinance,Owner Financing
  • Virtual Tour: https://www.propertypanorama.com/1115-SW-Middle-St-Fort-Lauderdale-FL-33312/unbranded

Property Features

  • Cooling Description: Central Individual A/C
  • Electric Service: 110 Volts Power,220 Volts Power
  • Floor Description: Carpeted Floors,Ceramic Floor,Concrete Floors
  • Heating Description: Central Electric
  • Rail Description: No Rail Service
  • Road Type Description: Divided,Two Lane
  • Roof Description: Various Material(S) Roof
  • Sewer Description: Other Sewer

Fees and Taxes

  • Tax Amount: 12007
  • Tax Year: 2019

Disclaimer

Listing Courtesy of: United Realty Group Inc   © 2018 Realtors® of the Palm Beaches and Greater Fort Lauderdale. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state laws.   Data Last Updated: 2020-09-17T20:15:05.830