621 NE 28Th St Wilton Manors, FL 33334
Fully renovated fourplex with strong returns in a desirable location.
Property Features for 621 NE 28Th St
General Information
- Standard status
- Active
Building Details
- Year built
- 1974
Source:
Elliman
Listing Agent: Steve E Mcaleer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Fourplex in Wilton Manors
This fully renovated fourplex is located in a desirable South Florida rental market. The property offers stable returns and an approximate 7% cap rate. It is a turnkey asset with a 95% occupancy rate, housing reliable medium-term tenants seeking quality furnished accommodations. Each unit features recessed LED lighting, in-unit laundry, smart locks, and contemporary decor. Recent upgrades include new HVAC systems, electrical panels, four water heaters, a 2023 roof, and remodeled bathrooms. The exterior has been updated with new paint, updated landscaping, and redesigned private patios. The property is located near Wilton Drive and minutes from Downtown Fort Lauderdale. This stabilized, income-producing property is suitable for investors.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Wilton Manors
- County
- Broward
- State
- Florida
- Longitude
- -80.1346
- Latitude
- 26.1831
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FAQs
What type of property is this?
Quadplex - Fully renovated fourplex with strong returns in a desirable location.
Where is this quadplex located?
The property is located at 621 NE 28Th St Wilton Manors, FL.
What is the asking price?
The asking price for this property is $1,699,500.
What are key features of this property?
This property features: - Strong, stable returns with an approximate 7pc cap rate in a desirable rental market.; - Fully renovated fourplex with 95pc occupancy and reliable medium-term tenants.; - Turnkey asset with modernized units featuring in-unit laundry and smart locks.
