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1417 NE 26th Dr Wilton Manors, FL 33334
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Key Details
Sold Price $3,075,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10298856
Sold Date 11/15/21
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 20000
Year Built 1970
Annual Tax Amount $20,613
Tax Year 2020
Lot Size 0.459 Acres
Property Description
SUPERB opportunity to acquire a 16 Unit Apartment Building in the HEART of WILTON MANORS, situated right
opposite Wilton Station. This SOLID INCOME PRODUCING building is extremely well maintained with annual
tenants and an opportunity to turn into SHORT TERM / VACATION RENTALS if desired. Property consists of 2
Buildings (8 units in each building), 3 x 2 Bed 1 Bath Apts and 13 x 1 Bed, 1 Bath Apts, Laundry Facilities on
site, Swimming Pool & Gated Entrance (1 building), plus NEW ROOFS, HURRICANE IMPACT WINDOWS, &
RENOVATED Interiors. Each unit has its own electric meter plus house meters. Current Gross Annual Income of $240,000 with HUGE opportunity to increase. 2020 Net Operating Income of $165,000 (plus Laundry Income).
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RM-16
Interior
Flooring Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Foundation Concrete Block Construction
Sewer Public Sanitation
Construction Status Resale
Others
Pets Allowed No
Security Features Fenced
Acceptable Financing Cash, Conventional/Refinance, Other Terms
Listing Terms Cash, Conventional/Refinance, Other Terms
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Bought with Broward Realty Partners
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