$1,389,000

Estimated payment $9,290/month

Total Views 2,034
-- Bed
-- Bath
2,664 Sq Ft
$521 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Ceiling Fan
  • Fort Lauderdale High School Rated A
  • Ceramic Tile Flooring
  • Laundry Facilities

About This Home

Unique opportunity to own a LEGAL 6-UNIT building + a Laundry room, large corner lot located in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated . New electrical panels, partial PVC, tile flooring, several water heaters, appliances & A/C units replaced, recessed lighting, W/D on site. Parking for 8+ cars. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 5.1%. Less than 2 miles to Fort Lauderdale Beach!

Listing Agent

Martine BENSOUSSAN GUIMEZ

Miami Forever Real Estate License #3296633

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,461

Year Built

  • Built in 1962

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex
  • Slate Roof

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Parquet
  • Ceramic Tile

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494234028660

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Progresso Condos
  • Progresso Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,461

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor, Parquet
  • Living Area: 2664
  • Stories: 1

Exterior Features

  • Roof: Slate
  • Exterior Features: Exterior Lights, Fruit Trees
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234028660
  • Zoning: RC-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18461

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 6
  • Total Actual Rent: 97389

Map

Range of Values:

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 For Sale $1,389,000 +46.2% $521 / Sq Ft
10/15/2021 10/15/21 Sold $950,000 0.0% $374 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $950,000 +42.2% $374 / Sq Ft
07/22/2020 07/22/20 Sold $668,000 -8.5% $263 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $730,000 -- $288 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11734156

MIAMI REALTORS® MLS

APN: 49-42-34-02-8660