$2,100,000
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1721 NE 8 Street Fort Lauderdale, FL 33304
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.33
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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SEE OFFERING MEMORANDUM FOR MORE DETAIL*Pro-Forma Cap rate is with no required windstorm insurance for a seller financed deal.Rarely do you find an investment where the land value is nearly identical to the income value. While this property can provide a nice return, redevelopment may be the highest... and best use in the long run. This provides steady cash flow while you plan your project. The streets surrounding these two adjacent properties are filled with luxury townhomes. Recently, the building across the street was demolished to make way for a luxury project.There are currently two separate buildings that make up the 7 units for a total of 4,745 SF of structure. The two lots of land total 14,250 SF.
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MLS#
R11041532
Property Type
Multi-Family
Year Built
1966
Lot Size
0.33
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