Commercial property in Fort Lauderdale, Florida 259.2 sq.m. № 1269513

3
Commercial property in Fort Lauderdale, Florida 259.2 sq.m. № 1269513
ID1269513 $ 1 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

INVESTMENT OPPORTUNITY! Renovated Fourplex with large 2 beds / 1 bath units. Each unit has individual electrical meter. All units are currently running as short term rentals. All units have been renovated in 2024. 1 Parking space for unit. Great investment opportunity in a centric location with potential to increase revenue. Backyard space with potential to develop. Laundry Room with washer & dryer, install a coin laundry and generate another income. Separate electrical room. Located in Riverside Park, close to Downtown Ft Lauderdale, the marine centers on the New River, Las Olas Boulevard, and the Beaches. Easy access I-95. This renovated well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market.
MLS #: A11620213
Fort Lauderdale - Statistics
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ParametersFort Lauderdale
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 315.00
Apartment (1 bedroom) Outside of Centre$ 1 977.09
Apartment (3 bedrooms) in City Centre$ 3 776.71
Apartment (3 bedrooms) Outside of Centre$ 3 323.44
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 501.45
Price per Square Meter to Buy Apartment Outside of Centre$ 3 775.42
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ParametersFort Lauderdale
Crime Index48.65
Cost of Living and Rent Index62.41
Purchasing Power Index148.15
Property Price to Income Ratio4.25
Safety Index51.35
Traffic CO₂ Index8326.96
Traffic Inefficiency Index209.79
Rent Index54.82
Health Care Index68.80
Groceries Index76.45
Pollution Index29.31
Traffic Commute Time Index31.43
Restaurant Price Index75.42
Climate Index84.25
Cost of Living Index68.59
Quality of Life Index194.18
Traffic Index150.92
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ParametersFort Lauderdale
Restaurants
Meal, Inexpensive Restaurant$ 20.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 100.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 10.50
Domestic Beer (0.5 liter draught)$ 6.00
Imported Beer (0.33 liter bottle)$ 6.50
Coke/Pepsi (0.33 liter bottle)$ 2.75
Water (0.33 liter bottle) $ 2.15
Cappuccino (regular)$ 5.33
Markets
Milk (regular), (1 liter)$ 1.10
Loaf of Fresh White Bread (500g)$ 4.28
Eggs (regular) (12)$ 3.45
Local Cheese (1kg)$ 11.56
Water (1.5 liter bottle)$ 2.05
Bottle of Wine (Mid-Range)$ 12.00
Domestic Beer (0.5 liter bottle)$ 1.73
Imported Beer (0.33 liter bottle)$ 3.03
Cigarettes 20 Pack (Marlboro)$ 10.00
Apples (1kg)$ 5.55
Chicken Fillets (1kg)$ 9.37
Oranges (1kg)$ 4.39
Potato (1kg)$ 3.55
Lettuce (1 head)$ 2.24
Rice (white), (1kg)$ 4.39
Tomato (1kg)$ 5.39
Banana (1kg)$ 1.54
Onion (1kg)$ 3.07
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 19.19
Transportation
One-way Ticket (Local Transport)$ 2.38
Monthly Pass (Regular Price)$ 72.50
Gasoline (1 liter)$ 0.90
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 27 000.00
Taxi Start (Normal Tariff)$ 4.50
Taxi 1km (Normal Tariff)$ 1.55
Taxi 1hour Waiting (Normal Tariff)$ 22.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 24 830.64
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 164.09
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 61.67
$ 58.85
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 871.21
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.60
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 75.67
Tennis Court Rent (1 Hour on Weekend)$ 13.33
Cinema, International Release, 1 Seat$ 14.50
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 47.50
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 45.00
1 Pair of Nike Running Shoes (Mid-Range)$ 88.00
1 Pair of Men Leather Business Shoes$ 95.57
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 816.67
International Primary School, Yearly for 1 Child$ 16 000.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityFort Lauderdale
Address605 SW 14th Ter, Fort Lauderdale FL 33312
TypeCommercial property
Living space259.2 m²
  • sq. ft
Completion dateIV quarter, 1967
Parking places4
Price
  • Price
  • per m²
$ 1 550 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £