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For Sale Available Listing #81914

230,000 SF Apartment For Sale — $2,300,000 — 921-925 NE 17th Ave, Fort Lauderdale – #81914

921-925 NE 17th Ave · Price Per Unit · Fort Lauderdale, FL 33304
230,000 SFAvailable space
ApartmentProperty type
276Parking spaces
1959Year built
Quick Unit Specs
For Sale
$2,300,000 Asking Price
$10.00 Price / SF
4.89% Cap Rate
— NOI
39 / 278 days Days on market / avg to sell
The Space
230,000 SF Sq Ft
Apartment Type
Price Per Unit Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
276 spaces Estimated Parking
1.20 Parking Ratio
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Floor Plan
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Building Description
Executive Summary
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.
Approved Uses by Zoning — Residential Mid Rise Multifamily/Medium High Density (RMM-25 - Residential Multi-Family)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Single Family Dwelling, Single Family Dwelling, Attached: Cluster Dwellings (Sec. 47-18.9), Single Family Dwelling: Zero-lot-line Dwelling (Sec. 47-18.38), Single Family Dwelling, Attached: Duplex/Two (2) Family Dwelling (Sec. 47-18.45), Single Family Dwelling, Attached: Townhouses (Sec. 47-18.33), Multifamily Dwelling: Coach Home (Sec. 47-18.10), Multifamily use, Community Residence, 3 residents maximum (Sec. 47-18.47), Community Residence, 4 to 10 residents; 1,000' distance separation (Sec. 47-18.47), Existing Multifamily Dwelling (Sec. 47-18.39), Active and Passive Park (Sec. 47-18.44), Social Service Residential Facility, Level I (Sec. 47-18.32), Family Day Care Home (Sec. 47-18.8), Urban Agriculture / urban farms and community gardens (Sec. 47-18.41; allowed only where the 47-18.41 zoning/land-use-designation conditions are met)
With special approval
Community Residence, 4 to 10 residents, less than 1,000' distance separation (Sec. 47-18.47), Community Residence, more than 10 residents / Community Residence, no license or certification available (Sec. 47-18.47), Bed and Breakfast Dwelling (Sec. 47-18.6), Hotel (Sec. 47-18.16), Mixed Use Development (Sec. 47-18.21), House of Worship (Sec. 47-18.17), School, Social Service Residential Facility, Level II (Sec. 47-18.32), Small and Intermediate Child Day Care Facility (Sec. 47-18.8), Nursing Homes (Sec. 47-18.23)
Read the full RMM-25 - Residential Multi-Family zoning guide ›
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Asking Price
$2,300,000
Listing Courtesy of Marcus & Millichap
Joseph Thomas
Joseph Thomas
Marcus & Millichap
Inquire about this property
Key highlights
  • 921–925 Northeast 17th Avenue was constructed in 1959 and comprises (2) single-story concrete block buildings with painted stucco exteriors and shingl
  • Unit Mix of (8) 1 Bedrooms, (1) 2 Bedroom 1 Bathroom and (1) 2 Bedroom 2 Bathroom
  • Both Roofs were Replaced in 2015, Properties are Exempt from 40-Year Recertification
  • Surrounded by New Construction Townhomes with Recent Sale Prices up to $1,495,000
  • Electric Appliances, Wall Air Conditioning, Central Courtyard, Property-Owned Laundry
Appraiser Data
Parcel Control No.494234058320
Source: Broward County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 37.8 mi
Ft. Lauderdale (FLL) 9.6 mi 18 min drive
Miami Intl (MIA) 34.8 mi 55 min drive
⚓ Seaports
Port of Palm Beach 44.1 mi
Port Everglades 3.0 mi
PortMiami 24.9 mi
Building Specifications
CityFort Lauderdale, FL
ZIP Code33304
Year Built1959
Total Building SF5,276 SF
Total Available230,000 SF
Lot Size0.31 AC
ConstructionTownhomes with Recent Sale Prices up to $1,495,000
Parking Ratio1.2/1,000 SF
AmenitiesAir Conditioning; Courtyard; Laundry Facilities
Walk Score70/100