1536 NW 6th Street, Fort Lauderdale, FL 33311 — MLS photo

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1536 NW 6th Street, Fort Lauderdale, FL 33311

Active · MixedUse

$575,000

1536 NW 6th Street, Fort Lauderdale, FL 33311

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1961
Lot size
4,680 sq ft
HOA fee
—
Annual tax
$6,760

About this property

mixed use zoning with one restaurant and 6 motel style rooms in rear area. one restaurant bathroom and one shared full bathroom for residents. well maintained property with on site supervisor. all rents paid on time with annual Tenants. The future belongs to this property based on the upgrades to the area and its great mixed use zoning. build up tp 6/7 floors

Property location

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1536 NW 6th Street, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bathrooms
0
Flooring
Concrete
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
MixedUse
Year built
1961
Stories
1
Lot size
4,680 sq ft
Roof
Other
Construction
Block

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$0
Security
Smoke Detectors
Annual tax
$6,760
County
Broward
Days on market
284
MLS listing ID
F10541521
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

-$778

Cap rate
4.1%
Net yield
4.1%
Cash-on-cash return
-5.8%
Gross yield
6.6%
Mortgage payment
$2,726/mo
Down payment
$143,750
Loan amount
$431,250
Annual NOI
$23,375

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.