820 Northeast 17th Avenue

Fort Lauderdale, FL 33304

$6,500,000
Price
Beds
15,489 Sq. Ft.
$420 / Sq. Ft.
15,489
Sq. Ft.
$420
per Sq. Ft.

Description

Prime Investment Opportunity in Victoria Park
Offered at $7,500,000
Nestled in the heart of Victoria Park, this unique property presents an exceptional investment opportunity. For sale are a total of 27 units, seamlessly blending modern amenities with a prime location. Situated on over an acre of land, this investment includes the following adjacent properties:
840 NE 17th Avenue, Fort Lauderdale
828 NE 17th Avenue, Fort Lauderdale
832 NE 17th Avenue, Fort Lauderdale
820 NE 17th Avenue, Fort Lauderdale
...Prime Investment Opportunity in Victoria Park
Offered at $7,500,000
Nestled in the heart of Victoria Park, this unique property presents an exceptional investment opportunity. For sale are a total of 27 units, seamlessly blending modern amenities with a prime location. Situated on over an acre of land, this investment includes the following adjacent properties:
840 NE 17th Avenue, Fort Lauderdale
828 NE 17th Avenue, Fort Lauderdale
832 NE 17th Avenue, Fort Lauderdale
820 NE 17th Avenue, Fort Lauderdale
1702 NE 9th Street, Fort Lauderdale
The units, currently occupied by a mix of short- and long-term tenants. Notable upgrades include the replacement of windows and doors with impact glass and newer roofs.
  1. Listed by William Thompson • LoKation

Amenities

  • Laundry in Building
  • Parking Included
  • Lowrise

Location

Listing Courtesy of LoKation
Add your commute
LISTING UPDATED: 05/03/2024 02:26 PM

Property Details for 820 Northeast 17th Avenue

StatusPending Sale
MLS #F10415067
Days on Market133
Taxes$28,931 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi-Family
Year Built1975
Lot Size0.23 AC / 10,125 SF
CountyBroward County

Building

Victoria Park

2 StoriesBuilt in 1975

Location

Listing Courtesy of LoKation
Add your commute

Building Information for 820 Northeast 17th Avenue

Stories2Residences-Year Built1975Building Size-Lot Size0.23 AC / 10,125 SF

Payment Calculator

$37,884 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,473

Property Taxes

$2,411

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 820 Northeast 17th Avenue

General Information
General Information
  • Sq Ft Total: 15489
  • Information Available: Financial Statement, Investment Analysis
  • Township Range: 4942
  • Street Number Numeric: 820
  • Street Number: 820
  • Street Direction Prefix: NE
  • Street Name: 17th Ave
  • County Or Parish: Broward County
  • Postal Code: 33304
  • City and Location Text: Fort Lauderdale
  • City Postal ID: 33304
  • Price Per Square Foot: $0
Maintenance / Tax Information
  • Tax Amount: $28,931
  • Tax Year: 2022
Building Information
  • Property Description: 27 units multi family
  • Property Sq Ft: 10125
  • Property Type: Commercial/Industrial
  • Type of Building: Commercial, Free Standing, Hotel/Motel
  • Type of Property: Income/Multi-Family
  • Year Built Numeric: 1972
  • Year Built Description: Resale
  • MLS Area: 3720
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Tile Floors, Vinyl Floors
  • Flooring: Tile Floors, Vinyl Floors
Exterior
  • Construction Type: Concrete Block Construction, Cbs Construction
  • Fire Protection: Smoke Alarm, Smoke Detector
  • Roof Description: Comp Shingle Roof
  • Construction: Concrete Block Construction, Cbs Construction
  • Roof: Comp Shingle Roof
Waterfront
  • Water Description: Public Water
Parking
  • Parking Description: Common Parking, Guest Parking
Utilities
  • Cooling Description: Central Building A/C, Central Individual A/C
  • Heating Description: Central Building A/C, Central Individual A/C
  • Electric Service: Over 200 Amps, Separate Meters
  • Sewer Description: Public Sanitation
Property / Lot Information
Building Information
  • Unit Count: 0
  • Improvement Height COM: 2 Stories
  • Zoning Information: RMM-25
  • Num Buildings: 7
  • Num Floors: 2
  • Num Parking Spaces: 34
  • Num Stories: 2
Community Information
  • Property Management: No
Location Information
  • Area: 3720
  • Geographic Area: Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
  • Location of Property: City Location, Corner Lot, Near Airport, Near Seaport
  • Parcel Number Free Text: 494234060170
  • Section: 34
  • State: FL
Lot Information
  • Approximate Lot Size: 48000
  • Environmental Audit: Unknown
  • Lot Frontage: 300
  • Lot Square Footage: 10125.0
  • Total Acreage: 1
Multi Family Information
Expense Information
  • Expense Amount: $367,711
  • Source of Expenses: Owner Provided
Income Information
  • Gross Scheduled Income: $775,429
  • Net Operating Income: $407,718
  • Occupancy Percentage: 90.00%

Property History for 820 Northeast 17th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 820 Northeast 17th Avenue

Taxable ValueLand$253,130Additions$1,260,580Total$1,513,710
Tax Record2023$28,841 ($2,403 / month)
Home Facts
Total Finished SqFt5,496 SqFtAbove Grade Finished SqFt5,496 SqFtStories2Lot Size10,125 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972Year Renovated1975ZoningRMM-25CountyBROWARDAPN49-42-34-06-0170

Schools near 820 Northeast 17th Avenue

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.

Listing Courtesy of LoKation

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.