GREAT FIX AND FLIP OR BUY AND HOLD

Description

6 Bed| 3 Bath| 2166 sf TURN KEY TRIPLEX

6750 sf lot| 1963 yr

COMPS $835K, $850K, $828K

Use Code: 08 / MULTIFAMILY 2-9 UNITS

Land Use:

Multifamily 2-9 Units (08)

Zoning: RMM-25

Lot Size: 0.155 acres / 6,750 sf

Waterfront: No

Subdivision:

PROGRESSO

Census Tract/Block: 041500 / 2021

Twn: 49E / Rng: 42S / Sec: 34

Block: / Lot:

Latitude: 26.13055

Longitude: -80.156761

Legal Description:

PROGRESSO 2-18 D LOT 8,9 BLK 332

Each unit has spacious floor plan with tons of natural lighting. All 3 units are 2 beds/1 bath and are in great condition with minor cosmetic rehab. Roof is from 2017 and the 3 tenants are currently on a lease. This property is centrally located in the PROGRESSO neighborhood, near many restaurants, schools and shopping centers. Rents $1600,$1500,$1400 room to increase rents. Property also has freestanding laundry structure in back for extra income.

RENT COMPS ARE $2500 A MONTH

Comps:

1107 NW 7TH AVE FORT LAUDERDALE, FL 33311-6247P Lot Size: 6,747 sf Waterfront: No Total Area: 2,044 sf Garage: No Last Sale: $850,000 on 03/12/2024 ($415.85/SF) Bedrooms: 3Baths: 2 Living Area: 2,044 sf Pool: No Distance: 0.66 miles Year Built: 1969 Stories: 1

819 NW 3RD AVE # 1-3 FORT LAUDERDALE, FL 33311-7560 Lot Size: 6,750 sf Waterfront: No

TotalArea: 2,220 sf Garage: No Last Sale: $835,000 on 12/01/2023 ($376.13/SF) Bedrooms: 6Baths: 3 Living Area: 2,220 sf Pool: No Distance: 0.63 miles Year Built: 1954 Stories: 1

1216 NW 6TH CT # 1-4FORT LAUDERDALE, FL 33311-7997 Lot Size: 7,000 sf Waterfront: No

TotalArea: 4,148 sf Garage: No Last Sale: $828,000 on 11/21/2023 ($345.00/SF) Bedrooms: 0Baths: 0 Living Area: 2,400 sf Pool: No Distance: 0.1 miles Year Built: 2021 Stories: 2