Fort Lauderdale, FL 33308,1831 NE 56th St
Fort Lauderdale, FL 33308,1831 NE 56th St
Fort Lauderdale, FL 33308,1831 NE 56th St
10
$825,000
$900,000
8.3%
Est.Price: ?

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2,734 SqFt

1831 NE 56th St Fort Lauderdale, FL 33308

Est. payment /mo
SOLD DATE : 04/15/2024

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Key Details

Sold Price $825,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,734 sqft

Price per Sqft $301

Subdivision Coral Highlands Resub Blk

MLS Listing ID A11525023

Sold Date 04/15/24

Style Fourplex

Construction Status New Construction

HOA Y/N No

Year Built 1966

Annual Tax Amount $13,252

Tax Year 2023

Contingent 3rd Party Approval

Property Description

Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff (with subsidized rent). Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!"

Location

State FL

County Broward County

Community Coral Highlands Resub Blk

Area 3350

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 5

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status New Construction

Others

Tax ID 494212030080

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Financing 1031 Exchange

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Listed by Grand State Realty
Bought with Grand State Realty

Learn More About LPT Realty

agent

Jennifer Arganaraz

Agent | License ID: 342598

+1(305) 297-2966

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