Fourplex in Fort Lauderdale, FL

2 Replies

Price $520,000
Location 1460 SW 24 ct , Fort Lauderdale , FL, 33134
Property Details

Unit: 1

  • Current Rent: $1,200
  • Occupied: Yes
  • Bedrooms: 2
  • Bathrooms: 2.0
  • Square Footage: 1050

Unit: 2

  • Current Rent: $1,200
  • Occupied: Yes
  • Bedrooms: 2
  • Bathrooms: 2.0
  • Square Footage: 1050

Unit: 3

  • Current Rent: $0
  • Occupied: No
  • Bedrooms: 2
  • Bathrooms: 2.0
  • Square Footage: 1050

Unit: 4

  • Current Rent: $0
  • Occupied: No
  • Bedrooms: 2
  • Bathrooms: 2.0
  • Square Footage: 1050

Approved Short sale property fourplex two floors .  each unit is a 2/2 with 1050 sqft liv. space. 

Top two units are currently rented bottom two need renovations to rent. 

Property has violations that can be settle after the two bottom units are renovated for an estimate of 10k -15k 

Rehab estimate is 50k  that includes adding new washer and dryers to all four units to ad value to the apartments.   

property sits on a dead end street with lots of privacy and rents in that area fora 2/2 can go up to 1700.00 ,  two bottom units have space for a small backyard.  

ARV after the property is stabilize is believe to be in the high 600's low 700's

  

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