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202 NW 14th Ave, Unit 202
Listing Details
- $5,200,000
- MLS# A11857454
- Type Commercial - Industrial
- Status Active
Description
Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways,... Read more
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All Property Features
- Property Type: Commercial - Industrial
- Cooling: Central Individual A/C
- Crops Included Y/N: No
- Days on Site: 276
- Directions: I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.
- Exterior: Concrete Block Construction
- Flooring: Tile, Vinyl
- Heating: Central Individual A/C
- HOA Fee: 250/ Monthly
- Home Warranty Y/N: No
- Lease Considered Y/N: Yes
- Lease Terms: Annual Lease
- Listing Terms: All Cash, Conventional/Refinance, Exchange
- Lot Description: City Location
- Lot Size: 0.06 Acres
- Parcel#: 504204500070
- Property Attached Y/N: No
- Property Sub-Type: Income/MultiFamily
- Sewer: Public Sanitation
- Water: Public
- Window: Complete Impact Glass
- Year Built: 2007