100 SE 21st Street 1-8, Fort Lauderdale, FL 33316
- $1,750,000
- $1,750,000
Description
Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1’s all with private entrances and patio, balconies, central ac. Complex has 12 parking spaces guest and assigned. Total square footage under air is 5,104 and total lot square ft. 14,300, all of the 8 units are month to month. Present rents are below market value /w/renovations the potential gross income of $175,000 + POSSIBILITY of a 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location mins to beaches, restaurants, shoppes, groceries and expressway.
Address
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Address: 21st
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City: Fort Lauderdale
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State/county: Broward
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Zip/Postal Code: 33316
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Area: Fort Lauderdale
Details
Updated on March 30, 2026 at 6:09 pm-
Property ID F10540017
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Price $1,750,000
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Land Area 0.33 Sq Ft
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Bathroom 0
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Year Built 1977
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Property Type Business
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Property Status Commercial Sale
Additional details
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Building Area Total 5104
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Business Type Commercial
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Cooling CentralAir
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Days On Market 23
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Documents Available Aerial
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Fencing Fenced
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FinancialDataSource Owner
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Flooring Tile
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Gross Income 115140
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Heating Central, Individual
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Internet Automated Valuation Display YN 1
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Listing Terms Cash
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Lot Features InteriorLot
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Lot Size Area 14299
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Lot Size Square Feet 14296.39
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Mobile Dim Units Feet
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Net Operating Income 81149
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OperatingExpense 33990
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Other Expense 33990
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Ownership Type SoleProprietor
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Parking Features Assigned
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ParkingTotal 12
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Possession Negotiable
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Property Condition Resale
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Security Features FireAlarm
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Sewer PublicSewer
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Street Suffix Street
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Tax Annual Amount 18800
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Water Source Public
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Zoning RMM-25
Features
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Down Payment
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