Las Olas, 1516 NE 6th St, Fort Lauderdale, Florida 33304

Overview

Status: Closed Sale
Bed(s) No info
Bath(s)
Half Bath(s) 0
Parking No info
Size: 6,352 ft²/590.12 m²
Price Per: $330.60 ft²/$3,558.60 m²
Type: Multifamily
Built: 1965
HOA: No info
MLS Number: F10357978
View No info
On Site: 308 days
Updated: 290 Days Ago
Page Views: 0

Reduced Price!! INVESTMENT OPPORTUNITY PROJECTED 8%++ CAP RATE!! Newly renovated and furnished 4-plex in prime Victoria Park! BRAND NEW ROOF, CENTRAL AIR, ELECTRIC PANELS, IMPACT WINDOWS/DOORS, FLOORS, APPLIANCES, BATHROOMS, GRILLS, FENCE, AND MORE! Truly a must-see renovation ready for an investor or operator to start short or long term rentals just in time for busy season! Each unit boasts key-pad entry, dishwasher, private washer/dryer, walk in closets, flat screen TVs, Kuereg coffee makers, disposals, and more. ***Pictures display partial furnishing; inventory list available upon request!***AirBNB Pro Forma also available upon request*** Gross/Net Income listed are projected based on Jan-March 2023 Operations

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Price History

Date	Event	Price	Change Rate	Price Per
06/29/2023	Sold	$1,908,200.00	9.1%	$300.41 ft²/$3,233.58 m²
11/28/2022	Listed	$2,100,000.00		$330.60 ft²/$3,558.60 m²

Features

Property Details for 1516 NE 6th St, Fort Lauderdale, FL 33304

Las Olas, Multifamily current status is Closed Sale, 1516 NE 6th St is a Multifamily in , Fort Lauderdale, FL 33304 with property MLS ID# F10357978. This Multifamily has been listed on Best of Luxury Realty since June 13, 2023 and is currently priced at 2,100,000. This property was built in 1965.

Bedrooms
Bedrooms: No info
Bedroom Description: No info

Bathrooms
Full Bathrooms:
Half Bathrooms: No info
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: Barbeque, Exterior Lights, Extra Building/ Shed, Fence, High Impact Doors, Laundry Facility, Open Porch
View: No info

Interior, Heating and Cooling
Interior Features: No info
Appliances: No info
Heating Description: Central Heat
Cooling Description: No info

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: Las Olas
Subdivision Name: LAS OLAS PARK CORR PLAT
Property Type: Multifamily
Property Subtype: Residential Income
Type of Association: Homeowners
Garage Spaces: No info
Listing Date: 11/28/2022
Closing Date: 06/29/2023
Directions: Head South from Sunrise BLVD on NE 15th AVE, Turn left and go east on NE 6th Street, property is on South Side of the street just before 16th AVE.
Area: 3270
Section: 2
Brokered By: The Keyes Company

Taxes, Fees & More
Maintenance/HOA Fees: No info
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $15,725.00 (2022)

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Area Specialist

Buyer/Tenant Etiquette

Tracey Schmitt, Broker
Best of Luxury Realty

Phone: (305) 407-1657

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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This property is courtesy of the The Keyes Company. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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