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1175 SW 16th Ave
Fort Lauderdale FL 33312 US

$1,198,000

Active Listing ID A11573474
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Quadruplex

$1,198,000

Active Listing ID A11573474
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1175 SW 16th Ave Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9, 220 square feet of land and 1, 502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Quadruplex
  • Features
  • Floor Covering: Other
  • Roof Type: Other
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential
  • propertysubtype: Quadruplex
  • listprice: 1198000
  • unparsedaddress: 1175 SW 16th Ave
  • postalcity: Fort Lauderdale
  • stateorprovince: FL
  • country: US
  • postalcode: 33312
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1502
  • livingareaunits: Square Feet
  • latitude: 26.107438
  • longitude: -80.162964
  • listagentfullname: Rosa Poler
  • listagentemail: rosapoler@hotmail.com
  • listagentkey: 3yd-MAORFL-3268052
  • listagentmlsid: 3268052
  • listagentpreferredphone: 9542354046
  • listagentofficephone: 3059470477
  • listofficekey: 3yd-MAORFL-OPTI01
  • listofficemlsid: OPTI01
  • disclaimer: Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1987
  • listagenturl: http://www.optimarinternational.com
  • countyorparish: Broward County
  • parcelnumber: 504209130421
  • constructionmaterials: Other
  • flooring: Other
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • roof: Other
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -80.162964, 26.107438
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1175-SW-16th-Ave_Fort-Lauderdale_FL_33312_M64789-89913?f=listhub&s=MAORFL&m=A11573474&c=rexren", "LeadRoutingEmail":"rosapoler@hotmail.com", "BrokerName":"Optimar Realty Group LLC", "ListingTitle":"Fourplex, Quadruplex - Fort Lauderdale, FL", "ListOfficeBrokerMlsId":"0709056", "ListOfficeEmail":"cristina@optimar.com", "ListOfficeAddress1":"18246 Collins Avenue", "ListOfficeAddress2":null, "ListOfficeCity":"Sunny Isles Beach", "ListOfficePostalCode":"33160", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Optimar Realty Group LLC", "ListBrokeragePhone":"(305) 947-0477", "ListBrokerageEmail":"hernan@optimarinternational.com", "ListBrokerageWebsiteUrl":"http://www.optimarinternational.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"18246 Collins Ave", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Sunny ISles Beach", "ListBrokerageStateOrProvince":"FL", "ListBrokeragePostalCode":"33160", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-22T15:01:49Z", "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":7351, "TaxDescription":null}]}
Listing Changed: 4/22/2024 9:19:05 PM GMT
Source Updated Date: 5/8/2024 6:39:41 AM GMT

Courtesy of: Rosa Poler, Optimar International Realty, rosapoler@hotmail.com

Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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