Interior
- Bathrooms
- 0
- Living area
- 2,903 sq ft
Active · Quadruplex
$4,000,000
425 NE 8th St, Fort Lauderdale, FL 33304
- Beds
- —
- Baths
- 0
- Living area
- 2,903 sq ft
- $ / sq ft
- $1,378/sq ft
- Year built
- 1964
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
TB Real Estate Group is proud to present a great value-add Quad-Plex opportunity located a few blocks from E SunriseBlvd and US 1. Also close to the fabulous Fort Lauderdale Beaches, and downtown Fort Lauderdale! The 4-plexconsists of (2) - 2 bedroom units, and (2) - 1 bedroom units. The Quad-Plex sits in the opportunity zone areawhere a lot of new developments are emerging. Excellent opportunity to re-purpose the land and be a part of thisfast-growing area.
Property location
Get Directions425 NE 8th St, Fort Lauderdale, FL 33304
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1964
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- A11778453
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$13,026
- Cap rate
- 1.8%
- Net yield
- 1.8%
- Cash-on-cash return
- -14.0%
- Gross yield
- 4.9%
- Mortgage payment
- $18,962/mo
- Down payment
- $1,000,000
- Loan amount
- $3,000,000
- Annual NOI
- $71,230
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.