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401-403 NE 14th Ave 3 Unit Apartment Building $1,199,000 ($399,667/Unit) 5.17% Cap Rate Fort Lauderdale, FL 33301
INVESTMENT HIGHLIGHTS
- DownTown Fort Lauderdale
- Future Townhome Site
- Walk to Las Olas
EXECUTIVE SUMMARY
Renovated Triplex in the Heart of Victoria Park. Perfect for short term rental . Property features two, one bedroom units with dining rooms. Also features a beautiful studio unit for guests in need of less space. Impact Glass and European Kitchens with Granite Counter Tops. Baths feature glass shower enclosures and Euro Vanities. Onsite laundry room and yard has space for a pool. No expense spared here.
Property next door can be purchased in a package deal.
Property next door can be purchased in a package deal.
PROPERTY FACTS
| Price | $1,199,000 | Apartment Style | Low-Rise |
| Price Per Unit | $399,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.17% | Building Size | 1,912 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | ||
| Zoning | RS-8 - Multi - Family RS-8 | ||
| Price | $1,199,000 |
| Price Per Unit | $399,667 |
| Sale Type | Investment |
| Cap Rate | 5.17% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 1,912 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Zoning | RS-8 - Multi - Family RS-8 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 3 | - | - |
1 1
Walk Score®
Very Walkable (75)
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401-403 NE 14th Ave
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