Las Olas 1516 NE 6th St Fort Lauderdale, FL 33304

SOLD FOR
$1,908,200
$2,100,000
Studio
Beds
2,711
Sq.Ft.

Overview

  • Status: Closed Sale
  • Bed(s) No info
  • Bath(s) 0
  • Half Bath(s) 0
  • Parking No info
  • Size: 6,352 ft2/590.12 m2
  • Price Per: $330.60 ft2/$3,558.60 m2
  • Type: Multifamily
  • Built: 1965
  • HOA: No info
  • MLS Number: F10357978
  • View No info
  • On Site: 334 days
  • Updated: Listing Refreshed: 316 Days Ago

Reduced Price!! INVESTMENT OPPORTUNITY PROJECTED 8%++ CAP RATE!! Newly renovated and furnished 4-plex in prime Victoria Park! BRAND NEW ROOF, CENTRAL AIR, ELECTRIC PANELS, IMPACT WINDOWS/DOORS, FLOORS, APPLIANCES, BATHROOMS, GRILLS, FENCE, AND MORE! Truly a must-see renovation ready for an investor or operator to start short or long term rentals just in time for busy season! Each unit boasts key-pad entry, dishwasher, private washer/dryer, walk in closets, flat screen TVs, Kuereg coffee makers, disposals, and more. ***Pictures display partial furnishing; inventory list available upon request!***AirBNB Pro Forma also available upon request*** Gross/Net Income listed are projected based on Jan-March 2023 Operations

Price History

DateEventPriceChange RatePrice Per
06/29/2023Sold$1,908,200.009.1%$300.41 ft2/$3,233.58 m2
11/28/2022Listed$2,100,000.00$330.60 ft2/$3,558.60 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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