Commercial property in Fort Lauderdale, Florida 277.13 sq.m. № 1397042

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Commercial property in Fort Lauderdale, Florida 277.13 sq.m. № 1397042
ID1397042 $ 1 300 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Multifamily property consisting of 8 units, 7 studios and 1 two bedroom one bathroom. Studios range from $1250-$1400 and two bedroom is $1900. In 2023 the property was gut remodeled with permits to have completely new electric, A/Cs, parking lot, motorized gate, light fixtures, and recently about two weeks ago they just changed the entire roof. This property has a large approximately 11,000 sq ft, which could maybe make it prime for redevelopment in the future. It is located in the path of upcoming growth with sistrunk avenue redevelopments getting closer year after year.
MLS #: A11673924
Fort Lauderdale - Statistics
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ParametersFort Lauderdale
Rent Per Month
Apartment (1 bedroom) in City Centre$ 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
Address720 Harris Terrace, Fort Lauderdale FL 33311
TypeCommercial property
Living space277.13 m²
  • sq. ft
Completion dateIV quarter, 1965
Parking places11
Price
  • Price
  • per m²
$ 1 300 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £