$929,000
For Sale

201 SE 23rd Street

Fort Lauderdale, FL 33316
1679 sqft | #FX-10463018
Browse 62 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Introducing a Prime Investment Opportunity located east of Andrews Ave, in one of Fort Lauderdale's most desirable areas. This income producing Four-Plex is just 2 miles from Las Olas Boulevard, walking distance to Whole Foods, and 3 miles from Fort Lauderdale Airport & pristine beaches, perfect for Airbnb/VRBO or long-term rental success! Zoned RMM-25, all four units come Fully Renovated & Furnished with New A/C systems. 3 electric meters,1 water meter, & 3 newer electric panels make utilities easy to manage. Three units are occupied, while one is vacant & furnished, ready to capitalize on short-term rental potential. Additional features include a coin-operated laundry, tropical fenced backyard with hammock, 2 storage closets, & Impact Windows throughout. Schedule a private tour today! Introducing a Premier Investment Opportunity just east of Andrews, this income producing Four-Plex is a gem in one of Fort Lauderdale's most desirable locations. Take advantage of an ASSUMABLE FHA LOAN at a 2.25% rate for buyers that intend to occupy the property as their primary residence! Situated just 2 miles from the world-class dining and vibrant attractions of Las Olas Boulevard, walking distance to Whole Foods and premium shopping, 3 miles from the pristine beaches and Fort Lauderdale International Airport, this property is perfectly positioned for both short-term and long-term rental success.Zoned RMM-25 for Residential Multifamily mid-rise and medium-high density, this four-plex consists of 4 fully renovated and tastefully furnished units, each equipped with brand-new mini split A/C systems for optimal comfort. With three separate electric meters and one water meter, utilities are easily managed. Units 2 and 3 feature brand-new electric panels, while unit 4 panel was updated less than 4 years ago. Three of the units are currently occupied, providing immediate income, while one unit is vacant, furnished, and ready to capitalize on the lucrative short-term rental market. The property also features an on-site laundry area with a coin-operated washer/dryer for additional income and two generously sized storage closets for convenience.The backyard is a lush, tropical oasis, fully fenced for privacy, complete with lounge furniture and a serene hammock, offering the perfect retreat. With impact windows throughout, this property is both stylish and secure, making it the ideal investment in the heart of Fort Lauderdale.

  • Property Details
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • Exterior FeaturesOpen Porch
      • Exterior MaterialsOpen Porch
      • ViewOther
      • Stories1
    • Measurements
      • Square Feet1679
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1954
  • Utilities / Energy Details
      • Utility FeaturesCable Connected
  • Community and Neighborhood Details
      • SubdivisionLauderdale 2-9 D
    • Location
      • CountyBroward
      • ZoningRMM-25
  • Financial Details
      • Original List Price$929,000
      • Taxes Annual$10,653
  • Other
      • MLS #FX-10463018

Location

Steven GrossmanCompass
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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