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Wade M. Berlin

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808 19 St
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PRICED AT ONLY: $1,499,000

Address: 808 19 St , Fort Lauderdale, FL 33311

Description

A compelling opportunity for a turnkey multifamily investment with steady cash flow and renovation already done. 8 spacious furnished studios and one 2/2 apartment unit with washer and dryer. 10 parking spaces. Conveniently located to shops and restaurants: 10 minutes to the beach, 5 minutes to Las Olas. A great investment with a 6.3%+ cap rate. Do not disturb tenants. Contact listing agent for showings or more information.
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  • MLS#: F10497894 ( Commercial/Industrial )
  • Street Address: 808 19 St
  • Viewed: 5
  • Price: $1,499,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 188
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Features
Building and Construction
  • Construction Type: Concrete Block Construction, Frame With Stucco
  • Floor Description: Tile Floors, Vinyl Floors
  • Maximum Leasable Sqft: 6252
  • Num Stories: 2.0000
  • Roof Description: Other Roof, Comp Shingle Roof
  • Typeof Building: Commercial
  • Year Built Description: Resale
Property Information
  • Property Description: Multi family income property
  • Transaction Type Mlx: Sale
  • Typeof Property: Income/Multi-Family
Land Information
  • Lot Sq Footage: 9466
  • Total Acreage: 0.2173
Garage and Parking
  • Num Parking Spaces: 10
  • Parking Description: Common Parking
Eco-Communities
  • Water Description: Public Water
Utilities
  • Cooling Description: Central Building A/C, Central Individual A/C
  • Electric Service: 110 Volts Power
  • Fire Protection: Smoke Detector
  • Num Tenants: 10
  • Sewer Description: Other Sewer
  • Utility Expense: 13610
Finance and Tax Information
  • Dade Assessed Amt Soh Value: 825170
  • Dade Market Amt Assessed Amt: 825170
  • Expense Amount: 42654
  • Insurance Expense: 6604
  • Net Operating Income: 110646
  • Security Information: Security Gate, Security Lighting, Security System
  • Sourceof Expenses: Owner Provided
  • Tax Year: 2024
  • Total Expenses: 42654
  • Total Mortgage: 930000
  • Trash Expense: 13610
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Information Available: Copy Of Lease(S), Owner Managed, Rent Rolls, Tax Return
  • Legal Description: PROGRESSO FIRST ADD 31-35 B LOT 4 BLK 333
  • Locationof Property: City Location
  • Miscellaneous Expense: 500
  • Occupancy Percentage: 100.0000
  • Parcel Number Mlx: 0040
  • Parcel Number: 494234170040
  • Possession Information: Funding
  • Sale Includes: Building & Land, Leases
  • Section: 34
  • Zoning Information: RDS-15
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin