$1,850,000
Fort Lauderdale, FL 33312
MLS# FX-10438465
Status: Active Under Contract
10 baths
1 / 2
Property Description
Well taken care of 10 unit bldg, always rented. New roof 2023. Same owner over 30 years. Contiguous 9 unit bldg at 3770 SW 1 Street also available and the two must be sold together. Contract must provide for a 1031 exchange.
Details
Maps
Contract Information
Status: Active Under Contract
Original List Price: 1850000
List Price: $1,850,000
Current Price: $1,850,000
Listing Date: 2024-05-07
Comm/Non-Rep: 2%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Property Desc: 10 units all 1/1's
Year Built: 1960
Built Desc: Resale
# of Stories: 2
Total Units: 10
Baths - Total: 10
Acres: 0.23
Waterfront: No
Location, Tax & Legal
Area: 3570
Geo Area: FTSW
Country: United States
County: Broward
Parcel ID: 504207081720
Street #: 200
Street Dir: SW
Street Name: 38th
Street Suffix: Avenue
State/Province: FL
Zip Code: 33312
Zoning: RM-15
Legal Desc: MELROSE PARK SEC 8 39-36 B LOT 21 BLK 8
Tax Year: 2023
Real Estate Taxes: 17000
Geo Lat: 26.119295
Geo Lon: -80.199016
Remarks & Misc
Directions: 1 block east of 441 and 1 block south of Broward Blvd, in the Melrose Park area.
Office/Member Info
DXORIGMLNO: F10438465
DXORIGMLSID: FLL
Status Change Info
Under Contract Type: Active Under Contract
Under Contract Date: 2024-05-07
Building Info
# of Tenants: 10
Miles to Expressway: 3
Monetary Info
Gross Sched Income: 156000
Gross Oper Income: 156000
Total Expenses: 59500
Net Oper Income: 96500
Source of Expenses: Owner
Expenses
Management: 7800
Insurance: 18000
R.E. Taxes: 17000
Trash: 3500
Utilities: 7000
Maint & Repair: 4800
Miscellaneous: 1400
Total Expenses: 59500
Property Features
Construction: Block; Concrete
Sale Includes: Building and Land
Miscellaneous 2: Manager on Premises
Flooring: Other
Cooling: Central Individual
Heating: Central Individual
Fire Protect: Smoke Detector
Tenant Pays: Electric; Repairs
Utilities: Public Water; 201+ Amp
Security: Fence
Roof: Comp Shingle
Terms Considered: Cash
Listing Office: Florida Professional R E Inc
Last Updated: May - 10 - 2024
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Sunday 19th of May 2024 11:56 PM