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499 Nw 42nd St, Fort Lauderdale, FL – $850,000

  • $850k Price
  • 3,500 Sqft
  • $850k Price
  • 3,500 Sqft

499 Nw 42nd St

Significant price improvement. Price per unit is tough to beat In the heart of Oakland Park you will find this effeciently designed building with a big shed inside a new fence and gate. Roof is sound and redone in 2017. Plenty of parking on two sides of the building. BCPA says it is 7 units. It is 5 one bedrooms units and 1 efficiency house long term tenants. 5 are month to month and 1 lease expires in the Aug 31, 2024 and will not be renewed. Rents are below market with plent of room to raise rent. $142000 per unit. Large storage shed conveys with sale. Units 5 (one BR) and 6 (efficiency) were at one time a 2 BR 2 Bath unit and could be put back as a two bedroom with little work.

Essential Information

  • MLS® #F10448933
  • Price$850,000
  • Bathrooms0.00
  • Square Footage3,500
  • Year Built1969
  • TypeResidential Income
  • Sub-TypeFourplex
  • StyleOther, Other Style
  • StatusPending Sale/Rental

Community Information

  • Address499 Nw 42nd St
  • Area3720
  • SubdivisionProspect Gardens 22-26 B
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33309-4786

Amenities

  • Parking Spaces10

Interior

  • HeatingNo Heat
  • CoolingElectric Cooling
  • # of Stories1
  • Stories1

Exterior

  • Lot Description1/4 To Less Than 1/2 Acre Lot
  • RoofComp Shingle Roof
  • ConstructionConcrete Block Construction

Additional Information

  • Listing Courtesy ofCharles Rutenberg Realty FTL
  • ZoningRM-16
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Price Change History for 499 Nw 42nd St, Fort Lauderdale, FL (MLS® #F10448933)

Date Details Change
Price Reduced from $999,000 to $850,000 $149,000 (14.91%)

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