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505 SE 20th St
Fort Lauderdale, FL 33316
Multifamily Property For Sale
·
5 Units


EXECUTIVE SUMMARY
Amazing Opportunity to Own a 6 Unit Multi-Family Complex in the Heart of Fort Lauderdale. This Property Features 6 Fully Furnished Units: 2 2Bed/1 Bath Units, 2 1Bed/1Bath Units and 2 Studios. All The Units Are Fully Equipped with Kitchens and Tons of Closet Space. Property has 10 Parking Spots and On-Site Laundry. All The Units Feature Wood and Tile Floors. Location Offers Easy Access to Port Everglades, Fort Lauderdale-Hollywood International Airport, All Major Roadways, Shopping, Dining, Public Parks and Public Transportation. Just Minutes to the White Sandy Fort Lauderdale Beaches! This property has been on Airbnb management, the yearly revenue is $160k with 86% occupancy (attached document)
PROPERTY FACTS
| Price Per Unit | $465,389 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 5 | Building Size | 6,194 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1939 |
| Apartment Style | Low-Rise | Parking Ratio | 1.29/1,000 SF |
| Zoning | RO - Multi-Family | ||
| Price Per Unit | $465,389 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,194 SF |
| No. Stories | 2 |
| Year Built | 1939 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | RO - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 50-42-15-10-4750 | Improvements Assessment | $1,550,171 CAD |
| Land Assessment | $98,340 CAD | Total Assessment | $1,648,511 CAD |
PROPERTY TAXES
Parcel Number
50-42-15-10-4750
Land Assessment
$98,340 CAD
Improvements Assessment
$1,550,171 CAD
Total Assessment
$1,648,511 CAD
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