$497,500
$559,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
1137 SW 8th Ter Fort Lauderdale, FL 33315
1,596 SqFt
Key Details
Sold Price $497,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $311
Subdivision Vinik No 2
MLS Listing ID A10982311
Sold Date 05/28/21
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $6,950
Tax Year 2020
Contingent No Contingencies
Property Description
Great opportunity to own a Turnkey investment in the heart of desirable Tarpon River. Three separate 1 bedroom units make up this non-conforming triplex. All units have fully updated kitchens. Front unit has a separate entrance with a private courtyard. New roof, impact windows installed in 2020. Mini-split AC systems in all units. Gas HWS. 200A electric service. PVC pipes throughout. Property has an active vacation rental license in place and is operating as the "Blue House" with adjacent property at 817 SW 12th Street -separate listing. Property can be purchased separate or combined. Currently all units are rented on a month-month basis with GMR $4500 per property. Can easily be converted back to short term/AirBnB operation. Financials for business operation available on request.
Location
State FL
County Broward County
Community Vinik No 2
Area 3470
Interior
Heating Zoned
Cooling Zoned
Flooring Tile
Window Features Blinds,Impact Glass
Exterior
Exterior Feature Deck, Fence, Room For Pool
Pool Above Ground, None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Shingle
Porch Deck
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 504210740370
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash
Special Listing Condition Corporate Listing, Listed As-Is
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Bought with Keller Williams Realty SW