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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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605 SW 14th Ter , Fort Lauderdale, FL 33312
$1,050,000
Est. Payment: $2,333.33/mo
8 Bed
4 Bath
0 Sqft
Status: Active Under Contract | Days on site: 53
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CERN01 - 3276780
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House Description

INVESTMENT OPPORTUNITY! Fourplex with large 2 beds / 1 bath units. Each unit has individual electrical meter. 3 Units are rented via airbnb, 1 unit is vacant. Vacant unit has renovated bath. 1 Parking space for unit. Current rents are below market, great opportunity to improve the property with potential to increase revenue. Backyard space with potential to develop. Laundry Room with hook up for washer & dryer, install a coin laundry and generate another income. Separate electrical room. Located in Riverside Park, close to Downtown Ft Lauderdale, the marine centers on the New River, Las Olas Boulevard, and the Beaches. Easy access I-95. This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market.

Highlights

Listed by Elliot Lee , 626-757-4484 Cervera Real Estate Inc. , 305-374-3434.

Property Type

Multi-Family

Year Built

1967

County

Broward

Area

3470

Neighborhood

Riverside Add Amen Plat

Listing ID

A12053342

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Central Air,Ceiling Fan(s),Electric
Fireplaces:
Floor:Terrazzo,Tile

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:4
Zoning:RD-15
Roof:Shingle
Others:
  • Additional:Storm/Security Shutters
Sewer:Public Sewer
Principal Interest
$2,333
Taxes
$1,207

Home Price

$1,050,000

Loan Details

30 yrs
%

Down Payment

20%
$210,000
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Monthly Price:
$2,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,333.33 $1,206.92 $0.00 $3,540.25
Yearly $28,000.00 $14,483.00 $0.00 $42,483.00
Total $840,000.00 $434,490.00 $0.00 $1,274,490.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.