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921-925 NE 17th Ave
Fort Lauderdale, FL 33304
Victoria Cottages · Multifamily Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.31 AC
Building Size 5,276 SF
Average Occupancy 100%
No. Stories 1
Year Built 1959
Parking Ratio 2.27/1,000 SF
Zoning RMM25, Ft Lauderdale

AMENITIES

UNIT AMENITIES

  • Air Conditioning

SITE AMENITIES

  • Laundry Facilities

ABOUT 921-925 NE 17TH AVE , FORT LAUDERDALE, FL 33304

Victoria Cottages is a 10-unit multifamily community in Broward County located in the heart of Fort Lauderdale, Florida. The subject property was built in 1959 with a stem wall foundation, concrete block exterior, and has a shingled gable roof. The property is situated on .31 acres of land. The property is located on NE 17th Ave and stands just off of Sunrise Blvd. The asset is conveniently located west of US-1, south of Sunrise Blvd, and just east of N Victoria Park Rd. The property neighbors Class A multifamily buildings, grocery stores, Holiday Park, and the Gateway Shopping Center. The investment opportunity consists of (2) one-story buildings. It offers an excellent unit mix of (8) one bed one bath, (1) one bed one bath + office, and (1) two bedroom two bath units totaling approximately 5,276 SF. This property offers amenities such as tropical landscaping and ample parking. Residents pay electric, cable, and telephone. Victoria Cottages offers an investor the ability to purchase an unbelievably located, beautifully comprised, asset that has room to invest money and increase value. This investment offers a new buyer the opportunity to raise rents to market or leverage the popular short-term rental market in the area. Capitalize on this opportunity to own an asset with some of the strongest rental rates for comparative sub markets in Broward.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 - 490 - 550
2+2 1 - 806

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-34-05-8320
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,452,000
  • Listing ID: 16735526

  • Date on Market: 7/26/2019

  • Last Updated:

  • Address: 921-925 NE 17th Ave, Fort Lauderdale, FL 33304

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