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335 SW 20th St Fort Lauderdale, FL 33315
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Key Details
Sold Price $4,280,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $428
MLS Listing ID A11380700
Sold Date 09/14/23
Construction Status Resale
HOA Y/N No
Year Built 1975
Annual Tax Amount $32,000
Contingent Other
Lot Size 0.505 Acres
Property Sub-Type Multi Family
Property Description
New to market Extensively Renovated Apartment Complex Completed in 2022 Producing $423k Gross on annual Leases, $289,617k NET @ 6.5% CAP Properly Underwritten on sale-price taxes, Expenses, Vacancy & Maintenance 14 large units with 26 bedrooms, 80 windows, Private yards, 23 Parking spots. 10,000sqft, 3 lots totaling Half an acre Impact Windows & Doors, Kitchens, Railings, Plumbing & Driveway Paving 2019 HVAC & Updated electric & New Roof with 20 year warranty 40 Year certification in 2019 4 Point Wind Inspection 2023 located in a Million-dollar home neighborhood, on 4th Avenue, very close to near Downtown Las Olas, International Airport & Shipyard, Marina Mile Yacht industry. High Demand area for Airline & Ship workers, Stewardesses, Traveling Nurses, Remote workers.
Location
State FL
County Broward County
Area 3480
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Exterior
Total Parking Spaces 23
Private Pool Yes
Building
Story 2
Sewer Other
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 504215015250
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Read Less
Bought with Lang Realty/BR