1721 Northeast 8th Street
$2,100,000
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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.
- 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
Status | Active |
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MLS # | RX-11041532 |
Days on Market | 15 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industry / MultiFamily (5+ Units) |
Year Built | 1966 |
Lot Size | - |
County | Broward County |
Building Information for 1721 Northeast 8th Street
Stories-Residences-Year Built1966Building Size-Lot Size-
Property Information for 1721 Northeast 8th Street
Property History for 1721 Northeast 8th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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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.
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