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100 SE 21 St 8 Unit Apartment Building $2,386,265 CAD ($298,283 CAD/Unit) 4.64% Cap Rate Fort Lauderdale, FL 33316
Executive Summary
Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central ac. Complex has 12 parking spaces guest and assigned. Total square footage under air is 4,912 total lot square ft. 14,300, all of the 8 units are month to month. Present rents are below market value /w/renovations the potential gross income of $175,000 + POSSIBILITY of a 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location mins to beaches, restaurants, shoppes, groceries and expressway.
Property Facts
| Price | $2,386,265 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $298,283 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 4.64% | Building Size | 4,912 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1978/2006 |
| Property Subtype | Apartment | Parking Ratio | 2.44/1,000 SF |
| Zoning | RMM-25 - RMM-25 | ||
| Price | $2,386,265 CAD |
| Price Per Unit | $298,283 CAD |
| Sale Type | Investment |
| Cap Rate | 4.64% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 4,912 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2006 |
| Parking Ratio | 2.44/1,000 SF |
| Zoning | RMM-25 - RMM-25 |
Amenities
Unit Amenities
- Balcony
- Ceiling Fans
- Tile Floors
- Kitchen
- Oven
- Range
- Tub/Shower
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | 750 |
| 1+1 | 7 | - | 550 |
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 50-42-15-37-0020 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $966,980 CAD |
Property Taxes
Parcel Number
50-42-15-37-0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$966,980 CAD
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One Sotheby's International Realty
100 SE 21 St
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