1521 Se 2nd Ct

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!

Essential Information

MLS® #A11696103
Price$1,900,000
Bathrooms0.00
Square Footage5,006
Year Built1962
TypeResidential Income
Sub-TypeQuadruplex
StyleFourplex
StatusActive

Community Information

Address1521 Se 2nd Ct
Area3280
SubdivisionCOLEE HAMMOCK
CityFort Lauderdale
CountyBroward
StateFL
Zip Code33301-3977

Amenities

UtilitiesCable Available

Interior

InteriorOther, Tile, Vinyl
HeatingWall Furnace
CoolingWall/Window Unit(s)
# of Stories2
StoriesTwo

Exterior

RoofBuilt-Up
ConstructionBlock

Additional Information

Date ListedNovember 19th, 2024

Listing Courtesy of

Fausto Commercial Realty Consultants Inc

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1521 Se 2nd Ct, Fort Lauderdale, FL – $1,900,000