$13,249,000
Fort Lauderdale, FL 33305
MLS# B26085867
9770 sqft
1 / 48
Property Description
EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-08
Status: Active
Original List Price: 13249000
List Price: $13,249,000
Current Price: $13,249,000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1150
Street Direction Prefix: NE
Street Name: 17TH
Street Suffix: Court
City Name: Fort Lauderdale
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33305
Postal Code +4: 3119
Area: 3370
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number: 494235040010
Subdivision Number: 4
Zoning: RM-15
Flood Zone: AE
Property Description: MULTI-FAMILY 10 UNITS OR MORE
General Property Information
Number Of Buildings: 1
Property Sub Type: Multi Family
Number Of Units Total: 55
Price Per Unit: 124999
Occupant Type: Tenant
Building Area Main: 9770
Building Area Source: Other
Adjusted Area Main: 9770
Year Built: 1974
Parking Total: 25
Lot Size Area: 18334
Lot Size Acres: 0.42
Accessibility Features YN: No
Stories Total: 2
Financial Information
Tax Annual Amount: 49087.78
Tax Year: 2025
Tax Assessed/SOH Value: 2402930
Tax Legal Description: LAUDERDALE PARK 6-33 1/2 B LOT 1 THRU 3,33 BLK 1
Assessor Market Value: 2402930
Meter Information
Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 58
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 57
Description of Unit Type 1
Unit Type: 3 Bedroom
Units Total: 1
Beds Total: 3
Full Baths: 2
Furnished: No
Annual Rent: 31200
Description of Unit Type 2
Unit Type: 2 Bedroom
Units Total: 26
Beds Total: 2
Full Baths: 1
Furnished: No
Annual Rent: 23880
Description of Unit Type 3
Unit Type: 1 Bedroom
Units Total: 27
Beds Total: 1
Full Baths: 1
Furnished: No
Annual Rent: 21480
Description of Unit Type 4
Unit Type: Efficiency
Units Total: 1
Full Baths: 1
Furnished: Yes
Annual Rent: 25200
Status Change Information
Major Change Timestamp: 2026-10-08T16:31:37Z
Major Change Type: New Listing
Status Change Date: 2026-10-08
Originating Details
Originating System Key: 20261008154516038637000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Deed; Existing Survey; Owner Managed; Rent Rolls
Electric: 110 Volts; 220 Volts
Flooring: Tile; Wood
Heating: Central
Parking Features: Assigned; Common
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Includes: Building; Land
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Interior Electric
Construction Materials: CBS; Frame
Cooling: Central Air
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Flat; Shingle; Tar/Gravel; Tile
Security Features: Smoke Detector(s); None
Sewer: Public Sewer
Structure Type: Warehouse
Utilities: Cable Available; Electricity Available; Sewer Available; Water Connected
Water Source: Public
Showing Requirements: Call Listing Agent
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: Inbal Ruiz
Last Updated: October - 15 - 2026
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