Sold

1400 NE 4 St

Fort Lauderdale FL, 33301

$1,850,000


$504.91 per sqft

Sold

3,664 sqft

Commercial

Built in 1949

Owner will hold 1st mortgage to qualified buyer with 40% downpayment - terms 6% interest, 5 yr balloon. Situated in one of Ft Lauderdale's premier rental areas where rents are high and vacancies low! Prime corner lot in the heart of Victoria Park provides good exposure yet a garden terrace home feel for each all 6 apartments. Ideal unit sizes with four 1/1's and two 2/1's each offering appealing outdoor living space with private patios. Currently operating annually with long term tenants on a month to month basis after initial leases expired. Great quick upside potential with below market rents. Remodeling upgrades have been done to kitchen & bathrooms. Windows were replaced & accordion shutters added. Please drive by only, do not disturb tenants. Proof of funds to accompany all offers.

F10386318

MLS ID

June 22, 2023

Listed

February 16, 2024

Updated

Map

1400 NE 4 St
Fort Lauderdale FL, 33301

Interior Features

Total Stories

2


Floor Description

Tile, Wood


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Sewer

Public Sewer

Other Property Details

Area Name

3270


Taxes

$17,688


Tax Frequency

Annually


Days on Market

151


Garage

No


Parking

Common


Parking Total

6


View

No


County

Broward County


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

1/10/2024

Price Change

$1,750,000

-6%

1/10/2024

Sold

12/22/2023

Pending

11/20/2023

Under Contract

8/22/2023

Price Change

$1,850,000

-8%

Listed by Ross Herman, with The Keyes Company
Listing Contact: (954) 563-6800 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:34 AM UTC, 2/16/2024

 

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