2000 17Th Ct Fort Lauderdale, FL 33305
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 2000 17Th Ct
- Year built
- 1953
- Property type
- Small apartment buildings
Description
This exceptional two-unit apartment building, located at 2000 NE 17th Ct in Fort Lauderdale, Florida, presents a compelling investment opportunity. Built in 1953, this single-story duplex boasts a prime corner lot in the desirable Lauder-Gate neighborhood, just steps from the vibrant US1 area. The property features two fully updated 2-bedroom, 2-bathroom units, each with tile flooring throughout. Both units include newer appliances and updated bathrooms with tubs. Significant improvements have been made, including new AC units (2021) with a 10-year warranty, brand new electrical panels, and all new air ducts. Additionally, the property benefits from a brand new sprinkler system and hot water heaters installed in 2022. Accordion shutters provide added protection. Currently, the property has long-term tenants, with one lease expiring October 1st. One tenant is interested in renewing at a market rate, while the other is vacating. The property is zoned RMM25, making it ideally suited for various uses, including short-term rentals such as Airbnb. Its proximity to restaurants, shopping, and major highways adds to its appeal. A detailed Airbnb proforma is available upon request. This is a must-see property for discerning investors seeking a strong return on investment in a highly sought-after location. 24-hour notice is required for showings. Asking price: $798,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1208673
- Latitude
- 26.1506236
