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1916 SW 11th St Fort Lauderdale, FL $ 6,700,000
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1916 SW 11th St
$ 6,700,000
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1916 SW 11th St

Fort Lauderdale, FL, 33312
$ 6,700,000
Baths0.0 Sq 16,911

Monthly Estimate*

$ 44,530

1916 SW 11th St, Fort Lauderdale, FL 33312 - Image 1
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Studio

Commercial Property for sale in Fort Lauderdale, FL

for $6,700,000. This 16,911 square foot building was built in 1967 on a lot size of 0.606038.

Rare opportunity to acquire a very well-maintained 24-unit apartment building located within close proximity to Las Olas, downtown Ft. Lauderdale. Easy access to I-95, Turnpike, Broward Blvd, and US-1, Davie Blvd, Fort Lauderdale Airport. Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). This is a great value-add opportunity for an investor to bring rents up to market and recapture 16% upside potential in rents. The property is 100% occupied, and the rents are below market. Currently 100% occupied.

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Commercial Active

Price

$ 6,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 97,361

Style

MultiFamily

Lot Size

0.606038

Year Built

1967

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11587494
Features
General
Year Built 1967
Property SubType MultiFamily
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Fort Lauderdale
View Y/N N
Senior Community Y/N N
Zoning Description RD-15
MLS Area 3990
Lot Size Units SquareFeet
Lot Size Square Feet 26399.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 11th St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 97361.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11587494
Days on Market 29
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description RIVERSIDE PARK 7-24 B LOT 21 TO 24 LOT 25 LESS BEG NE COR LOT 25 W 45 TO POB CONT W 5 S 110 E 15 NW 110.50 TO POB FOR RD R/W BLK 2
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Exterior
Lot Size Area 26399.0
Spa N
Building Area Total 16911.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1916
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* Excluded Features
List By
Coldwell Banker Realty

Broker

alexpassiveincome2@gmail.com

Email

Affordability Calculator

$52,644
Per Month
85%
15%
0%
Monthly Principal & Interest
$44,530
Monthly Property Taxes
$8,113
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/14/2024$6,700,000 Listed Price

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1916 SW 11th St, Fort Lauderdale, FL, 33312 is a Commercial Property for sale at $6,700,000 with 16,911 sqft and a lot size of 0.606038. 1916 SW 11th St is a studio with 0.0 baths and was built in 1967. The property's zip code is 33312 which is in Fort Lauderdale, FL

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