1916 SW 11th St | Fort Lauderdale, FL 33312
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1916 SW 11th St
Fort Lauderdale, FL 33312
Multifamily Property For Sale
·
24 Units
Investment Highlights
- The building has a metal roof that was completed in 2012, and metal roofs have a lifespan of 40 to 70 years.
- Stabilized asset boasting 100% occupancy, generates a stable income, with minimal deferred maintenance.
- The building also has a 10-year recertification that was completed on 11/03/2020.
- With an average effective rent of $1712, an investor has the opportunity to increase rental rates to be competitive within the market as units turn.
Property Facts
| No. Units | 24 | Lot Size | 0.61 AC |
| Property Type | Multifamily | Building Size | 16,911 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1967/2023 |
| Zoning | RD-15 - Residential | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 16,911 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2023 |
| Zoning | RD-15 - Residential |
Amenities
Unit Amenities
- Refrigerator
- Oven
- Range
Site Amenities
- Car Wash Area
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 800 - 850 |
| 2+2 | 8 | - | 1,000 |
Property Taxes
| Parcel Number | 50-42-09-12-0310 | Improvements Assessment | $4,598,650 |
| Land Assessment | $79,200 | Total Assessment | $4,677,850 |
Property Taxes
Parcel Number
50-42-09-12-0310
Land Assessment
$79,200
Improvements Assessment
$4,598,650
Total Assessment
$4,677,850
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