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100 SE 21 St 8 Unit Apartment Building $1,750,000 ($218,750/Unit) 4.64% Cap Rate Fort Lauderdale, FL 33316
Executive Summary
Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central ac. Complex has 12 parking spaces guest and assigned. Total square footage under air is 5,104 total lot square ft. 14,300, all of the 8 units are month to month. Present rents are below market value /w/renovations the potential gross income of $175,000 + POSSIBILITY of a 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location mins to beaches, restaurants, shoppes, groceries and expressway. Cash only !!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $218,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 4.64% | Building Size | 5,104 SF |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 8 | Year Built/Renovated | 1978/2006 |
| Property Type | Multifamily | Parking Ratio | 2.35/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RMM-25 - RMM-25 | ||
| Price | $1,750,000 |
| Price Per Unit | $218,750 |
| Sale Type | Investment |
| Cap Rate | 4.64% |
| Sale Condition | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 5,104 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2006 |
| Parking Ratio | 2.35/1,000 SF |
| Zoning | RMM-25 - RMM-25 |
Amenities
Unit Amenities
- Balcony
- Ceiling Fans
- Tile Floors
- Kitchen
- Oven
- Range
- Tub/Shower
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | 750 |
| 1+1 | 7 | - | 550 |
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 50-42-15-37-0020 | Total Assessment | $716,850 (2026) |
| Land Assessment | $0 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
50-42-15-37-0020
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$716,850 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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One Sotheby's International Realty
100 SE 21 St
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