$1,750,000
Fort Lauderdale, FL 33316
MLS# F10540017
Status: Pending
5104 sqft
1 / 32
Property Description
Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central ac. Complex has 12 parking spaces guest and assigned. Total square footage under air is 5,104 and total lot square ft. 14,300, all of the 8 units are month to month. Present rents are below market value /w/renovations the potential gross income of $175,000 + POSSIBILITY of a 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location mins to beaches, restaurants, shoppes, groceries and expressway.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-01-27
Status: Pending
Original List Price: 1750000
List Price: $1,750,000
Current Price: $1,750,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Code: 33316
Geographic Area: FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Subdivision Number: 37
Country: United States
Street Number: 100
Street Direction Prefix: SE
Street Name: 21st
Street Suffix: Street
Unit Number: 1-8
State Or Province: FL
Postal Code +4: 3471
Area: 3800
Parcel Number: 504215370020
Zoning: RMM-25
General Property Information
Number Of Units Total: 8
Lot Size Area: 14299
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 5104
Year Built: 1977
Parking Total: 12
Lot Size Acres: 0.33
Currently Not Used
Ownership Type: Sole Proprietor
Office/Member Information
DXORIGMLSID: RML
Flooring
Tile: 1
Parking Features
Assigned: 1
Property Condition
Resale: 1
Documents Available
Aerial Photo(s): 1
Fencing
Fenced: 1
Meter Information
Number Of Meters Total: 8
Location of Property
Inside Lot: 1
Near Airport: 1
Near Seaport: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Building and Property Details
# Of Toilets: 8
Business Type
Commercial: 1
Common Area Maintenance Includes
HVAC Maintenance: 1
Inside Insurance: 1
Interior Electric: 1
Telephone: 1
Heating
Central Individual: 1
Sale Includes
Fixtures: 1
Land: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Roof
Other: 1
Security Features
Fire Alarm: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 115140
Real Estate Taxes: 18800
Utilities Expense: 15188
Net Operating Income: 81149
Operating Expense: 33990
Other Expense: 33990
Source Of Expenses
Owner Provided: 1
Description of Unit Type 1
Unit Type: 1 Bedroom
Units Total: 7
Beds Total: 1
Half Baths: 7
Furnished: No
Description of Unit Type 2
Unit Type: 2 Bedroom
Units Total: 1
Beds Total: 2
Half Baths: 1
Furnished: No
Cooling
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Contingencies
None: 1
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 18800
Tax Year: 2025
Tax Legal Description: WHITES SUBDIVISION 28-1 B LOT 2
Status Change Information
Major Change Timestamp: 2026-07-18T14:00:11Z
Major Change Type: Status Change
Status Change Date: 2026-07-18
Under Contract Type: Pending
Under Contract Date: 2026-06-19
Originating Details
Originating System Key: 607426240
Originating System ID: M00000170
Property Features
Business Type: Commercial
Common Area Maintenance Includes: HVAC Maintenance; Inside Insurance; Interior Electric; Telephone
Documents Available: Aerial Photo(s)
Fencing: Fenced
Flooring: Tile
Heating: Central Individual
Location of Property: Inside Lot; Near Airport; Near Seaport
Parking Features: Assigned
Possession: Negotiable
Property Condition: Resale
Sale Includes: Fixtures; Land
Source Of Expenses: Owner Provided
Construction Materials: Block
Cooling: Central Individual
Listing Terms: Cash
Roof: Other
Security Features: Fire Alarm
Sewer: Public Sewer
Water Source: Public
Showing Requirements: 24 Hour Notice; Call Listing Agent
Contingencies: None
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: One Sotheby's Int'l Realty
Last Updated: July - 18 - 2026
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