Commercial property in Fort Lauderdale, Florida № 965722

Commercial property in Fort Lauderdale, Florida № 965722
ID965722 $ 1 150 000
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Property description

HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in fast developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the new 'ALDI' supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income! Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!
MLS #: A11515319
Fort Lauderdale - Statistics
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ParametersFort Lauderdale
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 334.91
Apartment (1 bedroom) Outside of Centre$ 1 844.44
Apartment (3 bedrooms) in City Centre$ 3 550.00
Apartment (3 bedrooms) Outside of Centre$ 3 050.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 348.60
Price per Square Meter to Buy Apartment Outside of Centre$ 4 291.19
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ParametersFort Lauderdale
Crime Index49.61
Cost of Living and Rent Index61.48
Purchasing Power Index144.08
Property Price to Income Ratio4.11
Safety Index50.39
Traffic CO₂ Index8524.09
Traffic Inefficiency Index214.14
Rent Index49.35
Health Care Index68.09
Groceries Index78.20
Pollution Index29.31
Traffic Commute Time Index32.18
Restaurant Price Index73.61
Climate Index84.25
Cost of Living Index73.32
Quality of Life Index191.07
Traffic Index154.79
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ParametersFort Lauderdale
Restaurants
Meal, Inexpensive Restaurant$ 21.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 96.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 10.00
Domestic Beer (0.5 liter draught)$ 6.25
Imported Beer (0.33 liter bottle)$ 7.00
Coke/Pepsi (0.33 liter bottle)$ 2.72
Water (0.33 liter bottle) $ 2.13
Cappuccino (regular)$ 4.75
Markets
Milk (regular), (1 liter)$ 1.14
Loaf of Fresh White Bread (500g)$ 3.79
Eggs (regular) (12)$ 3.68
Local Cheese (1kg)$ 12.49
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)$ 4.07
Cigarettes 20 Pack (Marlboro)$ 10.00
Apples (1kg)$ 5.91
Chicken Fillets (1kg)$ 12.12
Oranges (1kg)$ 4.71
Potato (1kg)$ 3.78
Lettuce (1 head)$ 2.30
Rice (white), (1kg)$ 5.17
Tomato (1kg)$ 5.39
Banana (1kg)$ 1.76
Onion (1kg)$ 3.06
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 17.19
Transportation
One-way Ticket (Local Transport)$ 2.38
Monthly Pass (Regular Price)$ 72.50
Gasoline (1 liter)$ 0.88
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 34 000.00
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)$ 25 302.42
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 165.47
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 64.33
$ 53.56
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 5 257.99
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.59
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 103.00
Tennis Court Rent (1 Hour on Weekend)$ 13.00
Cinema, International Release, 1 Seat$ 13.50
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 47.33
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 43.33
1 Pair of Nike Running Shoes (Mid-Range)$ 79.38
1 Pair of Men Leather Business Shoes$ 91.50
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 850.00
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
Address848 NW 2nd Ave, Fort Lauderdale FL 33311
TypeCommercial property
Completion dateIV quarter, 1973
Parking places8
Price
  • Price
  • per m²
$ 1 150 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £