Multifamily
921-925 NE 17th Ave
921-925 NE 17th Ave, Fort Lauderdale, FL 33304
Listing Price: $2,300,000
Investment Overview
Marcus & Millichap is pleased to present 921–925 Northeast 17th Avenue, a (10)-unit apartment community located in Fort Lauderdale, Florida.
SUBJECT PROPERTY
921–925 Northeast 17th Avenue was constructed in 1959 and comprises (2) single-story concrete block buildings with painted stucco exteriors and shingle roofs. The property offers 5,276 square feet of total building area and sits on a 13,500-square-foot lot (0.31 acres), according to the Broward County Property Appraiser. The unit mix includes (8) one-bedroom/one-bathroom units, (1) two-bedroom/one-bathroom unit, and (1) two-bedroom/two-bathroom unit. The property features on-site laundry facilities, wall air conditioning units, paved asphalt parking, and tropical courtyard.
LOCATION
921–925 Northeast 17th Avenue is located in Fort Lauderdale, Florida, offering residents convenient access to Sunrise Boulevard, Federal Highway (US-1), and State Road A1A. The surrounding 1-mile area reports an average household income of $126,145 and population growth of 8.66% since 2010. Residents are within walking distance to Gateway Shopping Center, The Galleria, Bank of America, and nearby dining options, with a short drive to Fort Lauderdale Beach, Downtown Fort Lauderdale, Flagler Village, and Holiday Park.
Surrounding area retailers and points of interest include Holiday Park (0.3 miles), Truist Bank (0.3 miles), Il Mulino Restaurant (0.4 miles), Gateway Shopping Center (0.4 miles), Bank of America (0.4 miles), Talkin’ Tacos (0.4 miles), Walgreens Pharmacy (0.5 miles), Publix SuperMarket at Sunrise Boulevard (0.5 miles), Baptist Health IcePlex (0.9 miles) and The Galleria at Fort Lauderdale (1.1 miles).
Additionally, just a short drive from the property are Home Depot (1.3 miles), The Fresh Market (1.3 miles), Aldi (1.5 miles), Downtown Fort Lauderdale/Las Olas Boulevard (1.5 miles), Broward County Convention Center (4.3 miles), Port Everglades (5.9 miles), and Fort Lauderdale-Hollywood International Airport (6.0 miles).
Nearby educational facilities include Bayview Elementary School (1.2 miles), Sunrise Middle School (1.2 miles), Fort Lauderdale High School (1.9 miles), and Harbordale Elementary School (3.3 miles).
SUMMARY
921–925 Northeast 17th Avenue is being offered for sale at $2,300,000 or $230,000 per unit.
921-925 NE 17th Ave
Investment Highlights
- Affluent Victoria Park Neighborhood w/$126,145 Average Household Income (1-Mile)
- 13,500 Square Foot Double Lot Zoned RMM-25, Possible Future Development Upside
- Surrounded by New Construction Townhomes with Recent Sale Prices up to $1,495,000
- Unit Mix of (8) 1 Bedrooms, (1) 2 Bedroom 1 Bathroom and (1) 2 Bedroom 2 Bathroom
- Electric Appliances, Wall Air Conditioning, Central Courtyard, Property-Owned Laundry
- Both Roofs were Replaced in 2015, Properties are Exempt from 40-Year Recertification
Exclusively Listed By
Listing Price: $2,300,000
Investment Highlights
- Affluent Victoria Park Neighborhood w/$126,145 Average Household Income (1-Mile)
- 13,500 Square Foot Double Lot Zoned RMM-25, Possible Future Development Upside
- Surrounded by New Construction Townhomes with Recent Sale Prices up to $1,495,000
- Unit Mix of (8) 1 Bedrooms, (1) 2 Bedroom 1 Bathroom and (1) 2 Bedroom 2 Bathroom
- Electric Appliances, Wall Air Conditioning, Central Courtyard, Property-Owned Laundry
- Both Roofs were Replaced in 2015, Properties are Exempt from 40-Year Recertification
Investment Overview
Marcus & Millichap is pleased to present 921–925 Northeast 17th Avenue, a (10)-unit apartment community located in Fort Lauderdale, Florida. SUBJECT PROPERTY 921–925 Northeast 17th Avenue was constructed in 1959 and comprises (2) single-story concrete block buildings with painted stucco exteriors and shingle roofs. The property offers 5,276 square feet of total building area and sits on a 13,500-square-foot lot (0.31 acres), according to the Broward County Property Appraiser. The unit mix includes (8) one-bedroom/one-bathroom units, (1) two-bedroom/one-bathroom unit, and (1) two-bedroom/two-bathroom unit. The property features on-site laundry facilities, wall air conditioning units, paved asphalt parking, and tropical courtyard. LOCATION 921–925 Northeast 17th Avenue is located in Fort Lauderdale, Florida, offering residents convenient access to Sunrise Boulevard, Federal Highway (US-1), and State Road A1A. The surrounding 1-mile area reports an average household income of $126,145 and population growth of 8.66% since 2010. Residents are within walking distance to Gateway Shopping Center, The Galleria, Bank of America, and nearby dining options, with a short drive to Fort Lauderdale Beach, Downtown Fort Lauderdale, Flagler Village, and Holiday Park. Surrounding area retailers and points of interest include Holiday Park (0.3 miles), Truist Bank (0.3 miles), Il Mulino Restaurant (0.4 miles), Gateway Shopping Center (0.4 miles), Bank of America (0.4 miles), Talkin’ Tacos (0.4 miles), Walgreens Pharmacy (0.5 miles), Publix SuperMarket at Sunrise Boulevard (0.5 miles), Baptist Health IcePlex (0.9 miles) and The Galleria at Fort Lauderdale (1.1 miles). Additionally, just a short drive from the property are Home Depot (1.3 miles), The Fresh Market (1.3 miles), Aldi (1.5 miles), Downtown Fort Lauderdale/Las Olas Boulevard (1.5 miles), Broward County Convention Center (4.3 miles), Port Everglades (5.9 miles), and Fort Lauderdale-Hollywood International Airport (6.0 miles). Nearby educational facilities include Bayview Elementary School (1.2 miles), Sunrise Middle School (1.2 miles), Fort Lauderdale High School (1.9 miles), and Harbordale Elementary School (3.3 miles). SUMMARY 921–925 Northeast 17th Avenue is being offered for sale at $2,300,000 or $230,000 per unit.
Exclusively Listed By
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