1721 Northeast 8th Street

Fort Lauderdale, FL 33304

$2,100,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

See offering memorandum for more detail Pro-Forma Cap rate is with no required windstorm insurance for a seller financed deal. Rarely do you find an investment where the land value is nearly identical to the income value. While this property can provide a nice return, redevelopment may be the highest and best use in the long run. This provides steady cash flow while you plan your project. The streets surrounding these two adjacent properties are filled with luxury townhomes. Recently, the building...See offering memorandum for more detail Pro-Forma Cap rate is with no required windstorm insurance for a seller financed deal. Rarely do you find an investment where the land value is nearly identical to the income value. While this property can provide a nice return, redevelopment may be the highest and best use in the long run. This provides steady cash flow while you plan your project. The streets surrounding these two adjacent properties are filled with luxury townhomes. Recently, the building across the street was demolished to make way for a luxury project. There are currently two separate buildings that make up the 7 units for a total of 4,745 SF of structure. The two lots of land total 14,250 SF.
  1. Listed by Robert A Wainland • Coldwell Banker Commercial

Amenities

  • Air Conditioning
LISTING UPDATED: 12/02/2024 08:19 PM

Property Details for 1721 Northeast 8th Street

StatusActive
MLS #RX-11041532
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industry / MultiFamily (5+ Units)
Year Built1966
Lot Size-
CountyBroward County

Building Information for 1721 Northeast 8th Street

Stories-Residences-Year Built1966Building Size-Lot Size-

Property Information for 1721 Northeast 8th Street

Summary
Location and General Information
  • Geo Area: Ft Ldale SE (3280;3600;3800)
  • Street Number: 1721
  • Municipal Code: Fort Lauderdale
  • State: FL
  • City Postal ID: 33304
  • MLS Area: 3280
  • MLS Sub Area: FTSE
Taxes and HOA Information
  • Tax Year: 2023
Property
Lot Information
  • Area: 3280
  • Parcel ID: 494234060100
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Tax Rolls
  • Zoning: RMM-25
Property and Assessments
  • Acres: 0.33
  • For Sale: Yes
  • Legal Desc: PROGRESSO 2-18 D LOT 10 LESS W 60,11 LESS W 60 BLK 239 AND PROGRESSO 2-18 D LOT 9 BLK 239
  • Legal Description: PROGRESSO 2-18 D LOT 10 LESS W 60,11 LESS W 60 BLK 239 AND PROGRESSO 2-18 D LOT 9 BLK 239
Utilities
  • Utilities: Cable, Electric, Gas Natural, Municipal Water
Interior and Exterior Features
Interior Features
  • Roof: Comp Rolled, Comp Shingle, Wood Truss/Raft
  • Cooling: Central, Electric, Zoned
  • Flooring: Ceramic Tile
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: Cable, Electric

Property History for 1721 Northeast 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1721 Northeast 8th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Harbordale Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Virginia Shuman Young Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1721 Northeast 8th Street is a multi-family home for sale in Fort Lauderdale, FL 33304. This property was listed for sale on December 2, 2024 by Coldwell Banker Commercial, it's currently listed at $2,100,000. It has been on the market for a total of 15 days and was last sold on August 7, 2012. This listing's school district is Broward. Nearby schools include Harbordale Elementary School, Sunrise Middle School and Fort Lauderdale High School. 1721 Northeast 8th Street is a 0-bed, 0-bath, multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.