16
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$700,000
Est. payment /mo
2,080 SqFt
New
1827 N Dixie Hwy Fort Lauderdale, FL 33305
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UPDATED:
01/17/2025 06:16 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $336
Subdivision Lauderdale Park 6-33 1/2
MLS Listing ID A11724152
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $9,058
Tax Year 2024
Property Description
Prime Fort Lauderdale Triplex with Endless Potential! This investment opportunity features two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, all with central air conditioning, 3 electric meters, 2 water meters, and month-to-month tenants. The property offers incredible potential for expansion or modernization; lot size big enough to add additional unit. Located in a prime area ideal for short-term rentals, this triplex is ready to be transformed into a high-cashflow investment. Most recent yearly leases for updated 2/1's in the area were up to 2,300/month and yearly leases for updated 1/1's were up to $1,800. That's a potential of $6,400/month gross for yearly leases after renovations. Don't miss this chance to maximize your returns in Fort Lauderdale's thriving market!
Location
State FL
County Broward
Community Lauderdale Park 6-33 1/2
Area 3370
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Built-Up
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494235042290
Acceptable Financing Cash
Listing Terms Cash
Listed by EXP Realty LLC