USD 2,000,000

335 SW 20th St
Fort Lauderdale, Florida 33315

For Sale

Property Description

Investment opportunity. 5.2 Cap, Net $104K, GRM 12.52. (14) unit complex that consists of (2) two-story buildings that sit on adjacent parcels that total 0.49 acres with room for development adding a 4-plex in between. The first building unit mix is (6) 1bed/1baths, (2) 2bed/1baths and (2) studios. The second building is comprised of four (4) 1 bed/1bath units. This building also contains an oversized storage room that can potentially be converted an additional bedroom for one of the existing units or a completely separate unit. Both building roofs are brand new (2019), all new HVAC units on the roof with code compliant hurricane stands. Most units have been remodeled with brand new kitchens! Owners are out of state and are liquidating assets. Property needs, landscaping, paint.

Listed by Florida Capital Realty

Property Details

ID #
A11004057
Status
Sale
Type
Commercial, Industrial
Zip Code
33315
Year Built
1976
Parking Spaces
18
Building Feature
Air Conditioning, Smoke alarms
Water Source
City/mains water
Floor
Tile Floors
Green Energy
HVAC, Lighting, Roof
Lease Term
Month To Month Lease
Location
Corner Lot, In Residential Area
Occupancy
Tenant Occupied
Parking
Assigned Parking, Guest Parking
Road Type
Four Lane, Two Lane
Roof
Concrete Roof
Storm Protection
Complete Panel Shutters/Awnings
Type of Building
Apartments, Commercial/Residential Income
Utilities
Internet

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