Hammer Realty
Danay Pelaez, P.A., Hammer RealtyPhone: (954) 599-6099
Email: [email protected]

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listing
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Single FamilyFor Sale
$1,165,000
1175 SW 16th Ave
Fort Lauderdale, FL 33312
Courtesy of Optimar International Realty
MLS: MIAMI Association of REALTORS
1,502Sq Ft
Est. Mortgage
$6,114/mo

Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two badroom two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!

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Information courtesy of Optimar International Realty is subject to verification and is not guaranteed.
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