1708 NE 20th Ave new

Fort Lauderdale,FL 33305

$ 1600000

- Bed

- Bath

5304 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,304 sqft

Price per Sqft $301

Subdivision Lauder-Gate 26-48 B

MLS Listing ID F10477019

Style Fourplex

Construction Status Resale

HOA Y/N Yes

Year Built 1957

Annual Tax Amount $25,181

Tax Year 2023

Property Description

Discover an exceptional investment opportunity located in the prestigious Poinsettia Heights neighborhood. This 8-unit multifamily property, features 7 units with 1 bed and 1 bath and 1 unit with 2 beds and 2 baths, 13 parking spaces, upgraded electrical service, and coin laundry. !6.5./. CAP RATE!- With RM-25 zoning, it offers future development potential, including up to 4 luxury townhouses. Perfectly positioned Walking distance Whole Foods, Trader Joe's, Publix, min drive to The Galleria Mall, and the beach, this property combines suburban charm with urban convenience, attracting long-term tenants. Ideal for investors seeking consistent income and significant growth potential, this rare gem is offered AS-IS, cash only. Don't miss your chance to own in one of South Florida's beauties.

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning RMM-25

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Ceramic Floor

Exterior

Water Access N

Roof Type Flat Roof With Facade Front

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash Only

Listing Terms Cash Only

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