820 NE 17th Avenue, Fort Lauderdale, FL 33304
$5,750,000
Property Type:
Comm/Industry
Status:
Closed
Current Price:
$5,750,000
Last Modified:
5/17/2024
Description
Prime Investment Opportunity in Victoria ParkOffered at $7,500,000Nestled in the heart of Victoria Park, this unique property presents an exceptional investment opportunity. For sale are a total of 27 units, seamlessly blending modern amenities with a prime location. Situated on over an acre of land, this investment includes the following adjacent properties:840 NE 17th Avenue, Fort Lauderdale828 NE 17th Avenue, Fort Lauderdale832 NE 17th Avenue, Fort Lauderdale820 NE 17th Avenue, Fort Lauderdale1702 NE 9th Street, Fort LauderdaleThe units, currently occupied by a mix of short- and long-term tenants. Notable upgrades include the replacement of windows and doors with impact glass and newer roofs.
More Information MLS# FX-10415067
Contract Information
Status: Closed
Original List Price: 7500000
Sold Price: $5,750,000
Current Price: $5,750,000
Listing Date: 2023-12-22
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Property Desc: 27 units multi famil
Year Built: 1972
Built Desc: Resale
# of Stories: 2
Total Units: 27
Acres: 1.1
Location Tax Legal
Area: 3720
County: Broward
Parcel ID: 494234060170
Street #: 820
Street Dir: NE
Street Name: 17th
Street Suffix: Avenue
Zip Code: 33304
Legal Desc: PROGRESSO 2-18 D LOT 17,18 S 25 BLK 239
Geo Lat: 26.134763
Geo Lon: -80.125469
Status Change Info
Under Contract Date: 2024-05-03
Sold Date: 2024-05-17
Sold Price: $5,750,000
Terms of Sale: Cash
Monetary Info
Gross Sched Income: 775429
Net Oper Income: 407718
Source of Expenses: Owner
Property Features
Construction: Block; CBS; Concrete
Location: Airport Access
Sale Includes: Building and Land; Fixtures; Furniture
Avail Info: Investment Analysis
Flooring: Tile; Vinyl Floor
Cooling: Central Building; Central Individual
Heating: Central Building; Central Individual
Fire Protect: Smoke Alarm; Smoke Detector
Utilities: Public Water; Separate Meter; 201+ Amp
Security: Fence
Roof: Comp Shingle
Terms Considered: Assumable-Qualify; Cash
Contingencies: Sale of Other Property
Listing Office: LoKation
Last Updated: May - 17 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
