1916 Southwest 11th Street

Fort Lauderdale, FL 33312

$6,700,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare opportunity to acquire a very well-maintained 24-unit apartment building located within close proximity to Las Olas, downtown Ft. Lauderdale. Easy access to I-95, Turnpike, Broward Blvd, and US-1, Davie Blvd, Fort Lauderdale Airport. Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). This is a great value-add opportunity for an investor to bring rents up to market and recapture 16% upside potential in rents. The property is 100%...Rare opportunity to acquire a very well-maintained 24-unit apartment building located within close proximity to Las Olas, downtown Ft. Lauderdale. Easy access to I-95, Turnpike, Broward Blvd, and US-1, Davie Blvd, Fort Lauderdale Airport. Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). This is a great value-add opportunity for an investor to bring rents up to market and recapture 16% upside potential in rents. The property is 100% occupied, and the rents are below market. Currently 100% occupied.
  1. Listed by Alexis Lizama • Coldwell Banker Realty

Property Details for 1916 Southwest 11th Street

Area
3990
Auction
No

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 06/05/2024 01:29 PM

Property Details for 1916 Southwest 11th Street

StatusActive
MLS #A11587494
Days on Market41
Taxes$97,361 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1967
Lot Size0.61 AC / 26,399 SF
CountyBroward County

Building

Riverside Park 7-24 B

2 StoriesBuilt in 1967

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 1916 Southwest 11th Street

Stories2Residences-Year Built1967Building Size-Lot Size0.61 AC / 26,399 SF

Payment Calculator

$44,678 per month

30 year fixed, 7.25% Interest

Principal and Interest

$36,565

Property Taxes

$8,113

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1916 Southwest 11th Street

Location Information
Location Information
  • Parcel Number Free Text: 504209120310
  • Parcel Number MLX: 0310
  • MLS Area: 3990
  • Township Range: 50
  • Subdivision Number: 12
  • Unit Count: 0
  • Zoning Information: RD-15
General Information
General Information
  • Prop Type-Type of Building: Apartments, Residential-Multi-Family
  • Building Sq Ft: 16,911
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Total Mortgage: $3,380,000
  • Flood Zone: AE,AH

Property History for 1916 Southwest 11th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1916 Southwest 11th Street

Taxable ValueLand$79,200Additions$4,551,220Total$4,630,420
Tax Record2023$97,361 ($8,113 / month)
Home Facts
Total Finished SqFt16,911 SqFtAbove Grade Finished SqFt16,911 SqFtStories2Lot Size26,399 SqFtStyleMulti-Family Dwelling (2-4)Year Built1967Year Renovated1968ZoningRD-15CountyBROWARDAPN50-42-09-12-0310

Schools near 1916 Southwest 11th Street

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

New River Middle School
Public6 to 8

Stranahan High School
Public9 to 12

Melrose High
Charter9 to 12

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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1916 Southwest 11th Street is a multi-family home for sale in Fort Lauderdale, FL 33312. This property was listed for sale on May 7, 2024 by Coldwell Banker Realty, it's currently listed at $6,700,000. It has been on the market for a total of 41 days and was last sold on August 9, 2022. This listing's school district is Broward. Nearby schools include Croissant Park Elementary School, New River Middle School and Stranahan High School. 1916 Southwest 11th Street is a 0-bed, 0-bath, multi-family home built in 1967.

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.

Listing Courtesy of Coldwell Banker Realty

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.