$6,110,000
Fort Lauderdale, FL 33305
MLS# B26100404
21516 sqft
1 / 13
Property Description
26-unit multifamily investment opportunity in Fort Lauderdale! Located at 1401 NE 17th Court, this apartment community features all two-bedroom, one-bath residences, a courtyard and an outdoor swimming pool. Current scheduled rents total $52,059 per month, or $624,708 annually. Reported trailing 12-month NOI of $382,468 for November 2025-October 2026 represents an approximately 6.3% cap rate at the $6,110,000 asking price. Offered at $235,000 per unit, with additional income from laundry and application fees. An opportunity to acquire an income-producing apartment community with a consistent unit mix.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-11-14
Status: Active
Original List Price: 6110000
List Price: $6,110,000
Current Price: $6,110,000
Listing Service: Full Service
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Municipality Type: Incorporated
Postal Code: 33305
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Subdivision Number: 42
Flood Zone: AE
Property Description: MULTI-FAMILY 10 UNITS OR MORE
Country: United States
Street Number: 1401
Street Direction Prefix: NE
Street Name: 17TH
Street Suffix: Court
State Or Province: FL
Postal Code +4: 3300
Area: 3380
Parcel Number: 494235420010
Zoning: RML-25
General Property Information
Number Of Buildings: 1
Number Of Units Total: 26
Price Per Unit: 134615
Occupant Type: Tenant
Adjusted Area Main: 21516
Accessibility Features YN: No
Lot Size Area: 39944
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 21516
Building Area Source: Other
Year Built: 1980
Parking Total: 54
Lot Size Acres: 0.92
Financial Information
Tax Assessed/SOH Value: 4290940
Assessor Market Value: 4290940
Tax Annual Amount: 89143.57
Tax Year: 2026
Tax Legal Description: FLORIDA APARTMENTS INC PLAT 68-19 LOTS 1,2,3 & 4
Office/Member Information
DXORIGMLSID: RML
Electric
110 Volts: 1
220 Volts: 1
Flooring
Tile: 1
Wood: 1
Parking Features
Assigned: 1
Special Listing Conditions
Standard: 1
Documents Available
Copy Of Lease(s): 1
Deed: 1
Existing Survey: 1
Financial Statement: 1
Owner Managed: 1
Rent Rolls: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 28
Number Of Separate Electric Meters: 26
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Connected: 1
Water Connected: 1
Heating
Central: 1
Construction Materials
CBS: 1
Frame: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Roof
Composition: 1
Flat: 1
Tar/Gravel: 1
Tile: 1
Security Features
None: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: 2006
Gross Scheduled Income: 624708
Description of Unit Type 1
Unit Type: 2 Bedroom
Units Total: 26
Beds Total: 2
Full Baths: 1
Furnished: No
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-11-14T22:40:15Z
Major Change Type: New Listing
Status Change Date: 2026-11-14
Originating Details
Originating System Key: 20261114222522911096000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Deed; Existing Survey; Financial Statement; Owner Managed; Rent Rolls
Electric: 110 Volts; 220 Volts
Flooring: Tile; Wood
Heating: Central
Parking Features: Assigned
Possession: Close Of Escrow
Special Listing Conditions: Standard
Construction Materials: CBS; Frame
Cooling: Central Air
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Composition; Flat; Tar/Gravel; Tile
Security Features: None
Sewer: Public Sewer
Utilities: Cable Available; Electricity Available; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: Call Listing Agent
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Listing Office: Inbal Ruiz
Last Updated: November - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
