Description
Presenting 1521 se 2nd ct, a turnkey 8-unit multifamily gem in the heart of las olas, steps from top shopping, dining, and close to the beach. this mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. the freshly painted exterior adds durability and curb appeal. with 40-year re-certification completed in 2022 and occupancy increasing, the property is set to generate over $172,000 annually, offering a 6.5% cap rate—potentially higher if used as a vacation rental. seller financing available with attractive terms!
Property Type
ResidentialIncomeSubdivision
Colee HammockCounty
BrowardStyle
FourplexAD ID
47676914
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Property Details
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Interior Features
Interior Features
- Roof: BuiltUp
Roofing Information
- BuiltUp
Flooring Information
- Other,Tile,Vinyl
Heating & Cooling
- Heating: WallFurnace
- Cooling: WallWindowUnits
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Exterior Features
Building Information
- Year Built: 1962
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Property / Lot Details
Lot Information
- Lot Description: LessThanQuarterAcre
Property Information
- Subdivision: COLEE HAMMOCK
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Listing Information
Listing Price Information
- Original List Price: $1900000
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Taxes / Assessments
Tax Information
- Annual Tax: $26901
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 4
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School, Utilities & Location Details
Utility Information
- CableAvailable
Location Information
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BuyOwner last updated this listing 11/21/2024 @ 11:49
- MLS: A11696103
- LISTING PROVIDED COURTESY OF: Elior Levi, Fausto Commercial Realty Consultants Inc
- SOURCE: SEFMIAMI
is a Home, with 9 bedrooms which is for sale, it has 5,006 sqft, 5,006 sized lot, and 0 parking. are nearby neighborhoods.