751 NW 5th St, Fort Lauderdale FL 33311,Fort Lauderdale,Broward County,Commercial Sale

$1,500,000

Overview

Income/MultiFamily
Property Type

Description

This multi-family property presents a fantastic investment opportunity in the heart of Fort Lauderdale. Situated in close proximity to the beach, as well as a diverse selection of exceptional restaurants, bars, shops, museums, and art galleries, it offers an ideal location for residents and visitors alike. This 2 story multi family building features 6 spacious 2-bedroom units, each equipped with a full bathroom, living room, kitchen and dining area. This is 100% occupied with the potential for the new owner to increase the rent immediately. All tenants are month to month.
The CRA is currently developing new housing in this area.

Address

Open on Google Maps

Address: 5th St
City: Fort Lauderdale
State/county: Broward County
Zip/Postal Code: 33311

Details

Updated on January 20, 2024 at 12:42 pm

Price $1,500,000
Year Built 1960
Property Type Income/MultiFamily
Property Status Commercial Sale

Additional details

StreetDirPrefix NW
PublicSurveyRange 42
ShowingInstructions See Broker Remarks
CoListAgentDirectPhone 954-940-1013
ListAgentKey 530a5102b786e3860bc59b4daab45131
TaxLegalDescription NORTH LAUDERDALE 1-48 D LOT 27-29 TOG WITH W 1/2 OF PT VAC'D ALLEY LYING E OF & ADJ TO LOTS 27-29 A SPER OR 15316/195, BLK 15
OnMarketDate 2023-11-22
ListAgentEmail Sandra@SandraRathe.com
ContractStatusChangeDate 2023-11-22
MajorChangeTimestamp 2024-01-09T14:58:46.440Z
Flooring Carpet, Tile
PhotosCount 19
SubAgencyCompensation 1%
Cooling Wall/Window Unit(s)
StatusChangeTimestamp 2024-01-09T14:58:46.440Z
FinancialDataSource Owner May Show Books
CoListOfficeName Keller Williams Legacy
PriceChangeTimestamp 2023-10-27T14:33:29.860Z
ListingKeyNumeric 387917887
MajorChangeType Back On Market
ListingContractDate 2023-11-22
CoListOfficeKey f6aac0dbf546d9d48ddd5fe08ffff7d2
ListAOR A-Miami Association of REALTORS
TaxAnnualAmount 2638
ListOfficeName Keller Williams Legacy
CurrentUse Commercial Lease
OriginatingSystemKey miamire
BusinessType Apartments
DualVariableCompensationYN no
PhotosChangeTimestamp 2024-01-09T15:01:49.276Z
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 954-358-6000
MlsStatus Active
StreetNumber 751
CoListOfficeMlsId KWLG01
ListingKey 18a7fa0be4ceca6bd125e48bfaef9f3a
StateOrProvince FL
CoListAgentEmail shannel@sandrarathe.com
FrontageLength 87
ListOfficeKey f6aac0dbf546d9d48ddd5fe08ffff7d2
BridgeModificationTimestamp 2024-01-17T22:03:35.049Z
ListAgentFullName Sandra Rathe
Roof Shingle
ParkingTotal 8
ListAgentOfficePhone 954-358-6000
Stories 2
ParcelNumber 504203011770
ListingTerms All Cash, Conventional/Refinance
SignOnPropertyYN no
OtherExpense 0
Possession Funding
CoListAgentOfficePhone 954-358-6000
IDXParticipationYN yes
InternetAddressDisplayYN yes
ListAgentMlsId 3223068
StoriesTotal 2
ModificationTimestamp 2024-01-17T22:00:17.740Z
OriginatingSystemID miamire
DaysOnMarket 34
BuyerAgencyCompensationType %
ListOfficeMlsId KWLG01
Inclusions Building & Land
ListAgentDirectPhone 954-371-2115
CoListAgentFullName Shannel Escoffery
CoListAgentKey a114637886768bb92f198de249df52b5
StreetNumberNumeric 751
CoListAgentStateLicense 3421169
ParkingFeatures Assigned, Guest
PostalCodePlus4 8151
NumberOfUnitsInCommunity 6
SyndicationRemarks This multi-family property presents a fantastic investment opportunity in the heart of Fort Lauderdale. Situated in close proximity to the beach, as well as a diverse selection of exceptional restaurants, bars, shops, museums, and art galleries, it offers an ideal location for residents and visitors alike. This 2 story multi family building features 6 spacious 2-bedroom units, each equipped with a full bathroom, living room, kitchen and dining area. This is 100% occupied with the potential for the new owner to increase the rent immediately. All tenants are month to month. The CRA is currently developing new housing in this area.
Heating Wall/Window Units
StructureType Commercial Condo
ListAgentStateLicense 3223068
CoListAgentMlsId 3421169
PublicSurveyTownship 42
ListOfficeFax 954-659-0929
ListingAgreement Exclusive Right To Sell
PublicSurveySection 3
ListingId A11476615
SpecialListingConditions Sale
NumberOfBuildings 1
OriginalListPrice 1500000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN yes
BuyerAgencyCompensation 2.5%
InternetAutomatedValuationDisplayYN yes
OriginalEntryTimestamp 2023-11-22T22:34:04.917Z
SourceSystemKey 387917887
ListOfficeURL www.SandraRathe.com
LotSizeSquareFeet 10125
InternetConsumerCommentYN yes
CoListOfficePhone 954-358-6000
BuildingAreaTotal 4375