1228 Southeast 1st Street

Fort Lauderdale, FL 33301

$1,325,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Are you looking for a unique property only 3 blocks away from Las Olas Boulevard? You just found it. As you can see in the photos all units have been tastefully remodeled. This rare gem includes 4 fully furnished apartments each with private enclosed patio areas:1 studio,2 one-bedroom units & 1 two-bedrooms. New roof, a/c units, impact windows, kitchens, appliances, @ much more. Your cap rate is determined by how you run the operation either as a vacation rental or a yearly rental. Location, location,...Are you looking for a unique property only 3 blocks away from Las Olas Boulevard? You just found it. As you can see in the photos all units have been tastefully remodeled. This rare gem includes 4 fully furnished apartments each with private enclosed patio areas:1 studio,2 one-bedroom units & 1 two-bedrooms. New roof, a/c units, impact windows, kitchens, appliances, @ much more. Your cap rate is determined by how you run the operation either as a vacation rental or a yearly rental. Location, location, location. Located in the heart of E Ft. Lauderdale, very close to the beach and walking distance to entertainment, shops, & restaurants. It is already registered and code-compliant as a 4-unit short-term with the State & the City and produces in excess of $150,000 gross income per year.

Listing Agent

Property Details for 1228 Southeast 1st Street

Subdivision Name
COLEE HAMMOCK
Style
Fourplex
Waterfront
No

Location

Sold By Overseas Partners Realty, Inc.

Add your commute
LISTING UPDATED: 07/19/2021 02:21 PM

Property Details for 1228 Southeast 1st Street

StatusClosed Sale
MLS #F10277355
Days on Market38
Taxes$9,963 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1952
Lot Size-
CountyBroward County

Location

Sold By Overseas Partners Realty, Inc.

Add your commute

Virtual Tour

Building Information for 1228 Southeast 1st Street

Stories-Residences4Year Built1952Building Size-Lot Size-

Payment Calculator

$8,061 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,231

Property Taxes

$830

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1228 Southeast 1st Street

General Information
General Information
  • Information Available: Deposit - Security, Rent Rolls
  • Street Number Numeric: 1228
  • Street Number: 1228
  • Street Direction Prefix: SE
  • Street Name: 1ST ST
  • County Or Parish: Broward County
  • Postal Code: 33301
  • City and Location Text: Fort Lauderdale
  • Pets On Premises YN: No
  • City Postal ID: 33301
Maintenance / Tax Information
  • Tax Amount: $9,963
  • Tax Information: Tax Reflects No Homestead Tax
  • Tax Year: 2020
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: COLEE HAMMOCK
  • Total Units: 4
  • Type of Property: Fourplex
  • Year Built Numeric: 1952
  • Year Built Description: Resale
  • MLS Area: 3280
Virtual Tour / Features / Utilities
Virtual Tour
Interior
  • Floor Description: Ceramic Floor
  • Spa: No
  • Flooring: Ceramic Floor
Exterior
  • Construction Type: Cbs Construction
  • Pool: No
  • Roof Description: Concrete Roof
  • Construction: Cbs Construction
  • Roof: Concrete Roof
Waterfront
  • Waterfront Frontage: 0
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Electric Cooling
  • Heating Description: Central Heat
  • Cable Available: Yes
  • Gas Description: Natural Gas
  • Separate Meter: No
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 4
  • Type of Association: None
  • Zoning Information: 0
  • Num Parking Spaces: 8
  • Num Stories: 1
Community Information
  • Subdivision Number Numeric: 1
  • Gated Community YN: No
Location Information
  • Area: 3280
  • County Land Code: 08
  • Geographic Area: Ft Ldale SE (3280;3600;3800)
  • Parcel Number Free Text: 504211011110
  • Section: 11
  • State: FL
Lot Information
  • Approximate Lot Size: 6750 sqf
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Electric: Yes
  • Exp Incl Extermination: Yes
  • Exp Incl Gas Oil: Yes
  • Exp Incl Insurance: Yes
  • Exp Incl Miscellaneous: Yes
  • Exp Incl Retax: Yes
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
Income Information
  • Gross Rent Income: $170,000
Rent Information
Rent Information
  • Rent Includes: Cable Tv

Property History for 1228 Southeast 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1228 Southeast 1st Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Harbordale Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Virginia Shuman Young Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.