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4plex- Heated pool. Excellent neighborhood 1520 NE 51st St 4 Unit Apartment Building $1,000,000 ($250,000/Unit) 7.70% Cap Rate Fort Lauderdale, FL 33334
Executive Summary
Rare opportunity! Newly remodeled duplex with two 3BR/2BA units and a shared heated pool. Each unit offers a private backyard deck and patio. Fully furnished and operating as a professionally managed 5-star vacation rental/ vacation rental/ Airbnb. Approved for short- or long-term rental use. Prime location near restaurants and businesses, minutes to the beach—New pool deck & fence. Separate water meters enhance ROI.
This house can also be rented as a 4-Plex.
This house can also be rented as a 4-Plex.
Property Facts
| Price | $1,000,000 | Building Class | C |
| Price Per Unit | $250,000 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,173 SF |
| Cap Rate | 7.70% | Average Occupancy | 90% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2.21/1,000 SF |
| Zoning | RD-15 - Residential | ||
| Price | $1,000,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,173 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1964 |
| Parking Ratio | 2.21/1,000 SF |
| Zoning | RD-15 - Residential |
Amenities
Site Amenities
- Laundry Facilities
- Pool
- Grill
- Trash Pickup - Curbside
1 1
Very walkable
80/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-42-11-07-2720 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $305,390 |
Property Taxes
Parcel Number
49-42-11-07-2720
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$305,390
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4plex- Heated pool. Excellent neighborhood | 1520 NE 51st St
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