Basic Information

  • MLS # A11696103
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Active
  • Subdivision/Complex Colee Hammock
  • Year Built 1962
  • Total Sqft 5,006
  • Date Listed 11/19/2024
  • Days on Market 36
Description

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Spaces 0
  • Parking Description
  • Roof Description Built Up

Interior Features

  • Adjusted Sqft 5,006
  • Cooling Description Wall Window Units
  • Floor Description Other, Tile, Vinyl
  • Heating Description Wall Furnace
  • Sqft 5,006

Property Features

  • Address 1521 S E2nd Ct
  • Aprox. Lot Size 5,006
  • Architectural Style Fourplex
  • City Fort Lauderdale
  • Construction Materials Block
  • County Broward
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional, Owner May Carry
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Occupant Type CallAgent
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Fort Lauderdale
  • Public Survey Section Two
  • Roof Built Up
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Colee Hammock
  • Tax Amount $26,901
  • Tax Information COLEE HAMMOCK 1-17 B LOT 13 BLK 41
  • Tax Year 2023
  • Terms Considered Cash, Conventional, Owner May Carry
  • Type of Property Quadruplex
  • Water Source Public
  • Year Built Details Resale

1521 SE 2nd Ct

Fort Lauderdale, FL 33301

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 305-431-2258

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