1901 SE 4th Avenue, Fort Lauderdale, FL 33316 — MLS photo

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1901 SE 4th Avenue, Fort Lauderdale, FL 33316

Active · MixedUse

$1,150,000

1901 SE 4th Avenue, Fort Lauderdale, FL 33316

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1959
Lot size
8,315 sq ft
HOA fee
—
Annual tax
—

About this property

This perfectly situated free standing office building is ideal for a sole practitioner in the medical, real estate, accounting or legal field. It is located close to downtown and near the new courthouse. There ample parking plus an attached 2 car garage. Current under air sq ft is 2098 which includes the air conditioned garage. Without the garage interior sq ft is 1570. There were some updates completed whilst still retaining a great deal of character from the 60’s era of construction. The roof is 18 years old and impact windows and doors were installed in 2017. The interior consists of a reception area, multiple offices, 2 bathrooms and a kitchen. It is a corner lot measuring 70 x 120 ft. Zoning is residential/office.

Property location

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1901 SE 4th Avenue, Fort Lauderdale, FL 33316

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MixedUse
Year built
1959
Lot size
8,315 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10552058
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

-$2,251

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$5,452/mo
Down payment
$287,500
Loan amount
$862,500
Annual NOI
$38,410

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