Commercial property in Fort Lauderdale, Florida № 1360237
3
ID1360237
$ 2 000 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
5 Unit waterfront building in desirable Middle River Terrace submarket in Fort Lauderdale. Great unit mix. 3 - 2 BR, 2 - 1 BR. 1/2 mile to downtown Wilton Manors. Property is concrete block. Central AC. Great value add opportunity. In place ownership for 27 years with current rents well below market. Underlying land value significant and allows construction of 4 units. A new owner could increase rents and bring to current market, potentially operate as short and mid term rental or lastly build new waterfront units.MLS #: A11657946
Fort Lauderdale - Statistics
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| Parameters | Fort 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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| Parameters | Fort Lauderdale |
|---|---|
| Crime Index | 48.65 |
| Cost of Living and Rent Index | 62.41 |
| Purchasing Power Index | 148.15 |
| Property Price to Income Ratio | 4.25 |
| Safety Index | 51.35 |
| Traffic CO₂ Index | 8326.96 |
| Traffic Inefficiency Index | 209.79 |
| Rent Index | 54.82 |
| Health Care Index | 68.80 |
| Groceries Index | 76.45 |
| Pollution Index | 29.31 |
| Traffic Commute Time Index | 31.43 |
| Restaurant Price Index | 75.42 |
| Climate Index | 84.25 |
| Cost of Living Index | 68.59 |
| Quality of Life Index | 194.18 |
| Traffic Index | 150.92 |
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| Parameters | Fort 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-Rate | 6.60 |
| 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
Address821 NE 18th Ct # 5, Fort Lauderdale FL 33305
TypeCommercial property
Completion dateIV quarter, 1975
Parking places11
Price
- Price
- per m²
$ 2 000 000
- EUR €
- USD $
- RUB ₽
- GBP £
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