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924-926 NE 14th Place

Fort Lauderdale, FL 33304
  • $800,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: RX-10858157
UPDATED: 20 min ago
$800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,389
    SQFT
  • $576
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Description

Incredible investment property, generating $5000/mo. with a cap rate of 5.8%! This fine duplex is a turnkey income producing machine! Located in the heart of Fort Lauderdale, close to Wilton Manors, minutes from world class dining, shopping and beaches!! Unit 1: Long term tenant $1750/month Unit 2: $3250/month! Units recently renovated: Impact windows and doors throughout; Kitchens include granite counters, stainless-steel appliances, including dishwashers. Beautiful, well maintained landscaping; separate electric/water meters; newer roof, central A/C's' and water heaters; units have their own washers/dryers. Turnkey property with highest cap rate in it's class! XL fully fenced, private lot with expansion potential and room to add a swimming pool!!

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www.baronrealestateco.com/homes/136056068
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924-926 NE 14th Place Fort Lauderdale, FL 33304

  • Price: $800,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 20 min ago
  • ID#: RX-10858157
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,389
SQFT
$576
$/SQFT
1957
Built
Neighborhood:
Howard Acres
County:
Broward
Area:
Fort Lauderdale
Property Description
Incredible investment property, generating $5000/mo. with a cap rate of 5.8%! This fine duplex is a turnkey income producing machine! Located in the heart of Fort Lauderdale, close to Wilton Manors, minutes from world class dining, shopping and beaches!! Unit 1: Long term tenant $1750/month Unit 2: $3250/month! Units recently renovated: Impact windows and doors throughout; Kitchens include granite counters, stainless-steel appliances, including dishwashers. Beautiful, well maintained landscaping; separate electric/water meters; newer roof, central A/C's' and water heaters; units have their own washers/dryers. Turnkey property with highest cap rate in it's class! XL fully fenced, private lot with expansion potential and room to add a swimming pool!!
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features Auto SprinklerExterior W/D HookupExtra BuildingFenceOpen PatioRoom For Pool Lot Description 1/4 To 1/2 AcreInterior LotWest Of Us-1 Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Ceramic Tile Heating Central Unit1 Bedrooms 1 Unit1 Desc A/C UnitDryerElectric MeterKitchenRange - ElectricRefrigeratorUtilityWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 605 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDryerElectric MeterKitchenRange - ElectricRefrigeratorUtilityWasher Unit2 Full Baths 2 Unit2 Furnished For Sale Unit2 Sq Ft 795

Property Features

Annual Net Operating Income 43600.00 Annual Total Expenses 13400.00 Application Fee 0.00 Auction No Available Info Deposit SecurityLeases Built Desc Resale Gated Community No Gross Operating Income 57000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Duplex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 1389.00 Subdivision Amenities None Tax Amount 6600.00 Tax Year 2021 Taxes City/County Tenant Pays ElectricWater Terms Considered CashConventional Unit1 Monthly Income 1750.00 Unit2 Monthly Income 3250.00 Utilities ElectricPublic SewerPublic Water Zoning Rmm-25

Listing provided courtesy of Keller Williams Realty Boca Raton: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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