1451 NE 10th Avenue
Fort Lauderdale, FL 33304
2560 sqft | #FX-10498544
Description
Attention Investors!Looking for your next development opportunity? This prime 17,261 sq ft lot, zoned RA-25, offers the potential for 8 spacious apartment units (approximately 1,2001,300 sq ft each) with condo conversion potential and an estimated monthly income of $32,000 once developed.While you're working through permitting, the existing updated multi-family property is already generating income with one 2-bed/2-bath unit and two studio units, bringing in $3,200/month.Ideally located in central Fort Lauderdale, just steps from the vibrant attractions of Wilton Manors, this is a rare find for the savvy investor.Tenant occupied. Please do not disturb tenants.
Property Details
- Utility FeaturesCable Connected, Public Sewer, Public Water
- SubdivisionMiddle River Terrace
- Lot Features1/4 to 1/2 Acre
- Lot Description1/4 to 1/2 Acre
- Property TypeMulti-Family
- MLS #FX-10498544
- MLS #FX-10498544
- Original List Price$1,050,000
- RoofFlat Tile
- CoolingCentral
- CountyBroward
- Taxes Annual$17,253
- Cost1050000
- Property SubtypeTriplex
- ZoningRMM-25
- Exterior FeaturesFence
- Exterior MaterialsFence
- Square Feet2560
- Year Built1949
- Stories1
- Fence1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Kristin A Druey (#3380151)
Listing Office: The Keyes Company (#606174)
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