FL > Fort Lauderdale > Colee Hammock
Fort Lauderdale, FL 33301,1521 SE 2nd Ct
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Fort Lauderdale, FL 33301,1521 SE 2nd Ct
Fort Lauderdale, FL 33301,1521 SE 2nd Ct
Fort Lauderdale, FL 33301,1521 SE 2nd Ct
Fort Lauderdale, FL 33301,1521 SE 2nd Ct
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Stephen Michalakos

Stephen Michalakos

+1(727) 601-8676
$ 1,900,000
Est. payment /mo
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1521 SE 2nd Ct Fort Lauderdale, FL 33301

5,006 SqFt

UPDATED:

11/22/2024 06:54 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,006 sqft

Price per Sqft $379

Subdivision Colee Hammock

MLS Listing ID A11696103

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1962

Annual Tax Amount $26,901

Tax Year 2023

Property Description

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!

Location

State FL

County Broward

Community Colee Hammock

Area 3280

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Tile, Vinyl

Exterior

Pool None

Utilities Available Cable Available

Roof Type Built-Up

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 504211012540

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Listed by Fausto Commercial Realty Consultants Inc
agent

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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1521 SE 2nd Ct