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1101 SW 24th AveFort Lauderdale, FL 33312Price: $700,000

  • Price: $700,000
  • Est. Mortgage of $/month
  • 38 Days on Market
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Federal 30-year interest rate: 6.71% last updated on Jun 8, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $700,000List Price
  • 1956Year Built
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312
1101 SW 24th Ave Fort Lauderdale FL 33312

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6.3 % Cap Rate, Legal Triplex, This property boasts a prime location and all tenants have signed leases with a 2-month security deposit and no history of eviction. There are two studios that are rented at $1450 and $1500, respectively. Additionally, a 2-bedroom/1-bathroom unit is currently rented for $1800 but could easily be increased to $2100. All units feature new kitchens with new appliances and tile flooring, as well as two parking spaces per unit. The actual yearly income for the property is $57,000, but it can easily be increased to $60,600 per year. The expenses for the property include $7300 in taxes, $300 for water and electricity, and $50 for gardening, totaling $11,500. net income for the property is $45,500, with a projected income of $49,400.

Property Details of 1101 SW 24th Ave

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Listed By Simon Gedz Of Charles Rutenberg Realty Fort

All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2023 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc

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