Discover an exceptional investment opportunity in downtown Fort Lauderdale with this fully leased townhome community, boasting a seamless operation managed by a reputable sober living company owned by a New York REIT for past 7 years. Current rental rate is $4,800/month. Renewal term is 5 years @ $5,200/month. Corporate tenant pays all utilities and repairs. The HOA management handles rental collections and repairs for all unit owners. This is a turn key investment with minimal effort for owner/investor. 3 bedroom 2.5 bath unit featuring 2 levels, w/ balcony and a two car garage. Great steady investment with appreciation upside, being a fee simple townhome in down town Fort Lauderdale, next to Whole Foods, the famous SE 17th St Causeway bridge and a short ride to the beach.
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Listing Snapshot
Price
$799,000
Days Online
21 Days
Bedrooms
3
Inside Area (SqFt)
1,620 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
2016
MLS® Number
F10437259
Status
Active
Property Tax
$8,683
HOA/Condo/Coop Fees
$400 monthly
Sq Ft Source
N/A
Friends & Family
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen online
General Features
Unit Design
Corner UnitWest Of Us1
Construction
Concrete Block ConstructionSlab ConstructionStucco Exterior Construction
Parking
Fee Simple Garage
Garage
2
Style
Townhouse Fee Simple
Restrictions
Other Restrictions
Interior Features
Cooling
Ceiling FansCentral Cooling
Heating
Central Heat
Appliances
Automatic Garage Door OpenerDishwasherDisposalDryerElectric RangeMicrowaveRefrigeratorSelf Cleaning OvenWasher
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