$1,700,000
Fort Lauderdale, FL 33312
MLS# FX-10438478
Status: Active Under Contract
9 baths
1 / 2
Property Description
well taken care of 9 unit bldg, same owner over 30 years. consists of 6 1/1s, 1 2/1, 1 large studio, and one efficiency. Roof re-coated 2023 with 5 year warranty. Central A/C units for 7 units, owned washer and dryer on site. Must be sold with contiguous building located at 200 SW 38 Avenue. unit Inspections allowed after contract acceptance. Closing no later than 30 days from effective date of contrqct. $50,000 deposit must be made with submission of contract. Contract must provide for 1031 exchange.
Details
Maps
Contract Information
Status: Active Under Contract
Original List Price: 1700000
List Price: $1,700,000
Current Price: $1,700,000
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: 9 unit apartment bld
Year Built: 1969
# of Stories: 2
Total Units: 9
Baths - Total: 9
Acres: 0.21
Location, Tax & Legal
Area: 3570
Geo Area: FTSW
Country: United States
County: Broward
Parcel ID: 504207081520
Street #: 3770
Street Dir: SW
Street Name: 1st
Street Suffix: Street
State/Province: FL
Zip Code: 33312
Zoning: RM-15
Legal Desc: MELROSE PARK SEC 8 39-36 B LOT 1 BLK 8
Tax Year: 2023
Real Estate Taxes: 18000
Geo Lat: 26.119533
Geo Lon: -80.199077
Remarks & Misc
Directions: 1 block east of 441 and 1 block south of Broward Blvd in Melrose Park
Office/Member Info
DXORIGMLNO: F10438478
DXORIGMLSID: FLL
Status Change Info
Under Contract Type: Active Under Contract
Under Contract Date: 2024-05-08
Building Info
# of Tenants: 9
Miles to Expressway: 3
Monetary Info
Gross Sched Income: 138000
Gross Oper Income: 138000
Other Income: 2500
Total Expenses: 55200
Net Oper Income: 85300
Source of Expenses: Owner
Expenses
Management: 15600
Insurance: 18000
R.E. Taxes: 18000
Trash: 3600
Utilities: 4200
Maint & Repair: 3600
Total Expenses: 55200
Property Features
Construction: Block; Concrete
Ceiling: Insulated
Sale Includes: Building and Land
Miscellaneous 1: Fenced
Miscellaneous 2: Manager on Premises
Flooring: Other
Cooling: Central Individual
Fire Protect: Smoke Alarm
Tenant Pays: Electric
Utilities: Public Water; 201+ Amp
Security: Fence
Roof: Other
Terms Considered: Cash
Possession: Funding
Listing Office: Florida Professional R E Inc
Last Updated: May - 10 - 2024
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Friday 10th of May 2024 11:07 AM