Fort Lauderdale, FL 33311 507-513 NW 8th Ave
$2,500,000
23 more
Presented By: This listing is courtesy of Miami Real Estate Agency;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 7,470
Home Details
$CAP RATE OVER 10% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALL FUTURE BOOKINGS INCLUDED WITH THE SALE! "SISTRUNK SHADES" IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!
Presented By: This listing is courtesy of Miami Real Estate Agency;
Interior Features for 507-513 NW 8th Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringTile, Wood
Heating Y/NYes
Window FeaturesImpactGlass
General for 507-513 NW 8th Ave
Additional Parcels Y/NNo
Assoc Fee Paid PerAnnually
Attached Garage No
Carport Y/NNo
CityFort Lauderdale
Construction MaterialsBlock
CoolingCentralAir
CountyBroward County
Days on Market105
DirectionsBROWARD BLVD TO NW 9TH AVE, NORTH TO NW 5TH ST, EAST TO NW 8TH AVE, LEFT TO ENTER THE PROPERTY.
DisclosuresOwnerIsListingAgent
Energy EfficientInsulation, WaterHeater, Windows
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionNorth Lauderdale 1-48 D 3-50-42 POR LAND IN BLK 16 DESC AS, COMM NE CORNER OF LOT 20 IN BLK 16, W ALG N/L OF LOT 20 45.08 TO POB, W 29.66
LevelsTwo
Listing TermsConventional
Lot Size Square Feet12749.0
Lot Size UnitsSquareFeet
MLS Area3390
MLS Area MinorFt Ldale NW(3390-3400;3460;3540-3560;3720;3810)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
PossessionClosingFunding
PostalCityFort Lauderdale
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofShingle
Security FeaturesMotionDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Street Name8th Ave
Tax Annual Amount6290.0
Tax Year2023
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built2023
Year Built DetailsResale
Zoning DescriptionRMM-25
Exterior for 507-513 NW 8th Ave
Building Area Total7470.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area12749.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned, Guest
Road Frontage TypeCityStreet
SpaNo
Total Parking7.0
Water SourcePublic
Additional Details
Price History
