Progresso 1133-1137 NE 17th Ave Fort Lauderdale, FL 33304

SOLD FOR
$1,950,000
$2,100,000 (7.1%)
Studio
Beds
5,904
Sq.Ft.

Overview

  • Status: Closed
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 3,708 ft2/344.48 m2
  • Price Per: $606.80 ft2/$6,531.50 m2
  • Type: Multifamily
  • Built: 1957
  • HOA: No info
  • MLS Number: A11402537
  • View No info
  • On Site: 328 days
  • Updated: Listing Refreshed: 39 Days Ago

Multifamily building with 7 units is ideally located in one of Ft Lauderdale’s premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please do not disturb the tenants.

Price History

DateEventPriceChange RatePrice Per
04/12/2024Sold$1,950,000.0013.3%$525.89 ft2/$5,660.63 m2
12/14/2023Price Increased$2,250,000.007.1%$606.80 ft2/$6,531.50 m2
06/30/2023Listed$2,100,000.00$566.34 ft2/$6,096.07 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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