201 SE 23rd Street
Fort Lauderdale, FL 33316
1679 sqft | #FX-10463018
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
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Bianca A. Barnes (#276544675)
Listing Office: United Realty Group Inc. (#276545567)
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