Turn-key Fort Lauderdale Rental- Great for cashflow! 10% CoC Return!

Broward County, Fort Lauderdale, FL, 33312
Sold
Listed at: March 28th, 2024
Price
$560,000
Sq. Footage
1752
Type
Multifamily
Parking
Driveway
Year build
1949
Lot size
0.17 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

Recently renovated 5 bedroom split property in the heart of Ft. Lauderdale near FLL Airport and Downtown Fort Lauderdale. 15 minutes to the beach. The main house boasts a 3-bedroom, 2-bathroom layout plus an additional 2 bedroom 1 bath back unit with shared laundry space.

Both units have a kitchen and living room areas, back unit has its own private entrance and driveway! The backyard is fenced completely with lots of space for your creativity!

Both units are currently rented for a total of $4,600 per month ($2600 + $2000) with 12 month leases expiring March 2025. Contact us today for more information and add a great cash flowing opportunity to your portfolio! 

* Proof of funds is required for buyer consideration. Realtors add your fees. This property is available for cash or hard money transactions only and is sold in its current "as-is" condition with no warranties or repairs. The buyer is responsible for all closing costs and escrow fees. A non-refundable earnest deposit, to the designated title company, is required to begin the escrow process. Buyers must independently verify all information, as the seller provides no warranties or claims. Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer's responsibility.The wholesale price reflects the net amount to the seller, with no SPDS (Sellers Property Disclosure Statement) or CLUE (Comprehensive Loss Underwriting Exchange) report provided. Properties are either owned outright or held with equitable interest. Information provided is for informational purposes only and not guaranteed. The seller holds equitable interest and aims to wholesale or assign the contract.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Bridgman

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Disposition manager