834 NW 10th Terr, Fort Lauderdale, FL 33311 — MLS photo

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834 NW 10th Terr, Fort Lauderdale, FL 33311

Active · Industrial

$1,750,000

834 NW 10th Terr, Fort Lauderdale, FL 33311

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1969
Lot size
16,875 sq ft
HOA fee
—
Annual tax
$16,868

About this property

Motivated sellers. This free standing building sits on a strategic parcel of land (Land square foot 16,875). This propety is zoned B-3, which allows heavy commercial business. Location is in Fort Lauderdale and the new owner can build Hotels, office-suites, auto sales, restaurants, and shopping centers/strip mall. The site has water and electricity. The new owner will have to contact the City of Fort Lauderdale to validate. This is a prime location for new business development. Also, Great opportunity for an investor. Please submit your highest and best offer.

Property location

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834 NW 10th Terr, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bathrooms
0
Flooring
Concrete

Exterior & Structure

Property type
Industrial
Year built
1969
Lot size
16,875 sq ft
Roof
Tar Gravel
Construction
Brick

Parking

Covered spaces
0
Parking features
Garage, Guest

HOA, Community & Financials

Security
Fenced, Other
Annual tax
$16,868
County
Broward
Days on market
147
MLS listing ID
A11993577
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

-$2,060

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.0%
Gross yield
6.6%
Mortgage payment
$8,296/mo
Down payment
$437,500
Loan amount
$1,312,500
Annual NOI
$74,832

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