Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!
Property Details
Price:
$1,900,000
MLS #:
A11696103
Status:
Active
Beds:
0
Baths:
0
Address:
1521 SE 2nd Ct
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
COLEE HAMMOCK
Neighborhood:
Colee Hammock
City:
Fort Lauderdale
Listed Date:
Jan 19, 2025
State:
FL
Finished Sq Ft:
5,006
Total Sq Ft:
5,006
ZIP:
33301
Year Built:
1962
Units:
8
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Other, Tile, Vinyl
Heating
Window/ Wall
Exterior
Architectural Style
Attached
Construction Materials
C B S Construction
Parking Spots
4
Roof
Built- Up
Financial
Tax Year
2023
Taxes
$26,901
Map
Community
- Address1521 SE 2nd Ct Fort Lauderdale FL
- SubdivisionCOLEE HAMMOCK
- CityFort Lauderdale
- CountyBroward County
- Zip Code33301
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1521 SE 2nd Ct
Fort Lauderdale, FL
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