Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Multi Family
- Built: 1967
- HOA: No info
- MLS Number: A11587494
- View No info
- On Site: 116 days
- Updated: 11 Days Ago
- Page Views: 26
24-unit apartment building. Motivated owners/seller! Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). Kings Pointe II Apartments. Highlights. The building has a metal roof that was completed in 2012, and metal roofs have a lifespan of 40 to 70 years. The building also has a 10-year recertification that was completed on 11/03/2020. Stabilized asset boasting 100% occupancy, generates a stable income, with minimal deferred maintenance. With an average effective rent of $1712, an investor has the opportunity to increase rental rates to be competitive within the market as units turn.Additionally new Investor can also increase income by charging back the tenants for utilities usage.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
07/16/2024 | Price Reduced | $6,200,000.00 | 4.6% | $366.63 ft2/$3,946.32 m2 |
06/17/2024 | Price Reduced | $6,500,000.00 | 3.0% | $384.37 ft2/$4,137.27 m2 |
05/14/2024 | Listed | $6,700,000.00 | $396.19 ft2/$4,264.58 m2 |
Features
Property Details for 1916 SW 11th St, Fort Lauderdale, FL 33312
- 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: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Cooling Description: No info
- Building and Construction
- Floor Description: No info
- Windows/Treatment: No info
- Construction Type: Apartment, Multi Family
- Year Built: 1967
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Multi Family
- Property Subtype: Commercial Sale
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 05/14/2024
- Directions: Motivated owners/seller! All offers will be reviewed, consider and will get a response. Contact the broker once you’re ready to make an offer.
- Area: 3990
- Brokered By: Coldwell Banker Realty
- Legal Description: RIVERSIDE PARK 7-24 B LOT 21 TO 24,LOT 25 LESS BEG NE COR LOT 25,W 45 TO POB,CONT W 5,S 110,E 15,NW 110.50 TO POB FOR RD R/W BLK 2
- 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): $97,361.00
- Type of building: No info
- Occupancy Information: Tenant
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: No info
- Parking Spaces: No info
- Number of Units: No info
- Number of Floors: No info
- Number of Stories: No info
- Zoning Information: R D-15
- Total Acreage: No info
- Acreage Description: No info