$1,029,000
$1,049,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
2,622 SqFt
SOLD DATE : 06/06/2025
Key Details
Sold Price $1,029,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,622 sqft
Price per Sqft $392
Subdivision Progresso 2-18 D
MLS Listing ID F10492114
Style Fourplex
Year Built 1969
Annual Tax Amount $17,315
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Incredible turnkey vacation rental opportunity generating over $125K annually! This fully furnished five-unit investment property boasts stellar reviews and a strong booking history. Unlock even greater revenue by converting the under-market 2-bed/1-bath unit into a short-term rental. Recent upgrades include new sewer lines, a utility room, and a spacious storage shed. Individually metered electric. Located in Fort Lauderdale's thriving short-term rental market, this Lake Ridge gem is just 1.6 miles from the beach and steps from top dining and shopping. A prime location for guests seeking relaxation, vibrant nightlife, and easy access to local attractions—don't miss this exceptional investment!
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RC-15
Interior
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with EXP Realty LLC
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