Listed by PRA And Company Realtors
$895,000
5411 NE 22nd Terrace
Details
APN 494213062610
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,799
Units 3
NOI $68,011
Year Built 1958
Acreage 0.180
Zoning RD-15
Multifamily | 3 Units
Marketing description
Fully Furnished TRIPLEX with a PRIVATE POOL in Fort Lauderdale! This fully renovated, turnkey property is just 2 miles from the beach, dining, nightlife, and the highly desirable Lauderdale-By-The-Sea area. Features 1 long-term tenant in the efficiency unit plus 2 Airbnb-ready units currently operating as successful short-term rentals (1/1 and 2/2). Buyer will inherit future Airbnb bookings for immediate income potential. Upgrades include new roofs, new A/C systems, new appliances, modern kitchens, and updated bathrooms throughout. Perfect for investors seeking strong cash flow or owner-occupants looking to live in one unit and rent the others. Call today!
Listing Contacts
Listed by PRA And Company Realtors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,011.00
$5,667.58/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
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