Overview

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  • 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.

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Price History

DateEventPriceChange RatePrice Per
07/16/2024Price Reduced$6,200,000.004.6%$366.63 ft2/$3,946.32 m2
06/17/2024Price Reduced$6,500,000.003.0%$384.37 ft2/$4,137.27 m2
05/14/2024Listed$6,700,000.00$396.19 ft2/$4,264.58 m2

Features

Property Details for 1916 SW 11th St, Fort Lauderdale, FL 33312

Multi Family current status is Active, 1916 SW 11th St is a Multi Family in , Fort Lauderdale, FL 33312 with property MLS ID# A11587494. This Multi Family has been listed on Best of Luxury Realty since May 14, 2024 and is currently priced at 6,200,000. This property was built in 1967.
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Area Specialist

Buyer/Tenant Etiquette
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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the Coldwell Banker Realty. This listing has been viewed 26 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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