Active

1708 NE 20th Ave

Fort Lauderdale FL, 33305

$1,600,000


$301.66 per sqft

Active

5,304 sqft

Multi-family

Built in 1957

Discover an exceptional investment opportunity located in the prestigious Poinsettia Heights neighborhood. This 8-unit multifamily property, features 7 units with 1 bed and 1 bath and 1 unit with 2 beds and 2 baths, 13 parking spaces, upgraded electrical service, and coin laundry. !6.5./. CAP RATE!- With RM-25 zoning, it offers future development potential, including up to 4 luxury townhouses. Perfectly positioned Walking distance Whole Foods, Trader Joe's, Publix, min drive to The Galleria Mall, and the beach, this property combines suburban charm with urban convenience, attracting long-term tenants. Ideal for investors seeking consistent income and significant growth potential, this rare gem is offered AS-IS, cash only. Don't miss your chance to own in one of South Florida's beauties.

F10477019

MLS ID

December 19, 2024

Listed

December 20, 2024

Updated

Map

1708 NE 20th Ave
Fort Lauderdale FL, 33305

Interior Features

Total Stories

1


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Features

Sprinkler System, 1/4 Acre


Architectual Style

Fourplex


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

3380


Taxes

$25,181


Tax Frequency

Annually


Garage

No


Parking Total

13


View

No


County

Broward


Pool

No


Pool Features

None

Listed by: Gala Real Estate Services
Listing Contact:  

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Data last updated 3:10 AM UTC, 12/20/2024

 

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