731 NW 4th Ave

Sold
Recommend
Sold

$624,000

0 Bed 0 Bath 2,543 sqft
731 NW 4th Ave Fort Lauderdale
Sold
Recommend

10

Home61's Closings in

Fort Lauderdale

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
2,543 sqft
Maintenance
$ 0
Tax
$6,717 (2020)
Tenant Occupied
No
Parking Space
5
Floor #
0 / 1
Building
PROGRESSO
On market
1005 days
$ /sqft
$ 245
Type
apartment
Unit
-
Year Built
1954
Zip Code
33311
Ref./MLS ID
A11074275

DESCRIPTION

5 unit multi family property in the fast developing progresso village neighborhood, 3 blocks from flagler village/downtown ft lauderdale! opportunity for owners & investors (cash buyers/1031 exchange welcome).  Great returns! gross rent: $69k; noi: $52,250.  Seller open to selling llc for added tax benefit! this is a legal 4-plex operating as 5 units (2/2 converted into a 1/1 + a studio).  Total of five rents collected monthly.  Zoned rmm-25 (residential medium density mid-rise).  Has 5 marked parking spaces.  The building is fenced in for security.  All units have individual electric meters.  Owner pays water/sewer/trash removal/landscaping.  All units rented w/ annual leases/security deposits.  Low maintenance costs (water/utility etc) cap 8.  3%.  Do not disturb tenants! proof of funds required.  


Data is provided by Miami Board of Realtors.

Public transportation

Cypress Creek
71 mins
Fort Lauderdale
71 mins
Fort Lauderdale/Hollywood International Airport at Dania Beach
83 mins
Hollywood
106 mins

Nearby School In Fort Lauderdale

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
1
Thurgood Marshall Elementary School
PK-5
0.7 miles
1
North Fork Elementary School
PK-5
1.1 miles
10
Virginia Shuman Young Elementary School
PK-5
1.1 miles
2
Walker Elementary School (Magnet)
PK-5
0.6 miles
Listed on July 26, 2021 by Jessica Laleh from IBIS Realty Group, Inc., this apartment is for sale. apartment for sale in Fort Lauderdale listed at $624,000, Reference A11074275

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The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.