An Amazing Investment Opportunity located in Downtown Fort Lauderdale’s Phenomenal Colee Hammock Neighborhood. This 4plex is located 3 blocks from Las Olas Blvd and offers endless opportunities. Every unit has tile floors, granite kitchen countertops, fenced

1213 SOUTH EAST 1ST ST, Fort Lauderdale

$1,349,000 USD
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Address1213 SOUTH EAST 1ST ST, Fort Lauderdale
Building NameCOLEE HAMMOCK
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,349,000
Previous Price$1,399,000 (8 days ago)
Property StatusActive
MLS NumberA11852594
Living Area2809
Year Built1964
Parking Space Number4
Folio Number504211011320
Zoning InformationRM-15
Days on Market53

Detailed Description: An Amazing Investment Opportunity located in Downtown Fort Lauderdale’s Phenomenal Colee Hammock Neighborhood. This 4plex is located 3 blocks from Las Olas Blvd and offers endless opportunities. Every unit has tile floors, granite kitchen countertops, fenced in private outdoor space, and reserved parking on a 6,750 sq.ft lot. This upscale area attracts residents who enjoy living within walking distance to shopping and dining on the popular Las Olas Boulevard, minutes to the beach. The area is surrounded by a diverse mix of restaurants, shops, and entertainment. This income property currently generates $138,000 in gross annual revenue at a 8% CAP! With its bustling atmosphere and convenient access to major transportation routes, this location presents an exceptional investment opportunity.

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Address Information
StateFlorida
CityFort Lauderdale
CountyBroward County
Zip Code33301
Address1213 SOUTH EAST 1ST ST
Section11
Zip Code (4 Digits)3961
Financial Information
Price$1,349,000
Price per Foot$0
Previous Price$1,399,000
Folio Number504211011320
Tax Amount$20,209
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionAn Amazing Investment Opportunity located in Downtown Fort Lauderdale’s Phenomenal Colee Hammock Neighborhood. This 4plex is located 3 blocks from Las Olas Blvd and offers endless opportunities. Every unit has tile floors, granite kitchen countertops, fenced in private outdoor space, and reserved parking on a 6,750 sq.ft lot. This upscale area attracts residents who enjoy living within walking distance to shopping and dining on the popular Las Olas Boulevard, minutes to the beach. The area is surrounded by a diverse mix of restaurants, shops, and entertainment. This income property currently generates $138,000 in gross annual revenue at a 8% CAP! With its bustling atmosphere and convenient access to major transportation routes, this location presents an exceptional investment opportunity.
Roof DescriptionShingle
Floor DescriptionCeramic Floor
Cooling DescriptionCeiling Fan (s), Central Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area2809
Zoning InformationRM-15
Year Built1964
Type of PropertyQuadruplex
StyleQuadruplex
Building NameCOLEE HAMMOCK
Development NameCOLEE HAMMOCK
Construction TypeConcrete Block Construction
Stories Number1.000
Street DirectionSouth East
Parking Space Number4
Listed withThe Keyes Company