1521 SE 2nd Ct new Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33301
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,006 sqft
Price per Sqft $379
Subdivision Colee Hammock
MLS Listing ID A11696103
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1962
Annual Tax Amount $26,901
Tax Year 2023
Property Description
Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!
Location
State FL
County Broward
Community Colee Hammock
Area 3280
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other,Tile,Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Built-Up
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 504211012540
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry