1460 SW 24 CT 1-4

Fort Lauderdale,FL 33315

$ 949999

8 Beds

8 Baths

3937 SqFt


Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,937 sqft

Price per Sqft $241

Subdivision Hibiscus Gardens Amended Plat

MLS Listing ID RX-11076267

Bedrooms 8

Full Baths 8

Year Built 1984

Annual Tax Amount $16,530

Tax Year 2024

Property Sub-Type Quad Plex

Property Description

Attention savvy investors--this is your chance to secure a standout quadplex in one of Fort Lauderdale's hottest rental markets. Priced under its recent appraisal, this property offers immediate built-in equity and the potential for impressive cash flow. recently appraised at $1.1M. This multi-family asset offers four 2-bed/2-bath units in nice rental condition--with potential for modern upgrades to command higher rents. Current rents range from $2,300 to $2,900 per month, yielding an approximate 12.5% gross annual cap rate. Located minutes from beaches, dining, shopping, and entertainment. All liens have been cleared. Only the violations need to be assumed by the buyer. Schedule your showing today!

Location

State FL

County Broward

Area 3480

Zoning B-2

Interior

Heating Central

Cooling Central

Flooring Carpet,Ceramic Tile

Exterior

Exterior Feature None

Utilities Available Cable,Public Sewer,Public Water

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Building

Lot Description < 1/4 Acre

Story 2.0

Foundation CBS

Others

Acceptable Financing Cash

Listing Terms Cash

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