2756 NE 32nd St
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2756 NE 32nd St
5 Unit Block of Flats £1,274,611 (£254,922/Unit) 5.63% Net Initial Yield Fort Lauderdale, FL 33306
Investment Highlights
- 5-unit apartment building close to the beach.
- Centrally located to restaurants, shopping and entertainment
- New renovated, clean residences
- 14 parking spaces
Executive Summary
Exceptional investment opportunity, just min. from Ft. Lauderdale Beach & centrally located near shopping, restaurants, & entertainment. Ideal for investors looking to leverage a 1031 exchange. 5 turnkey residences, four 1BD/1BA (one with enclosed private terrace) & one 2BD/1BA with enclosed private terrace. -All units have been updated with European kitchen cabinets, granite countertops, ceramic flooring throughout, frameless shower doors, keyless entry, & hurricane impact windows & doors. NEW ROOF, 2017. -Property is fully enclosed for optimal privacy, with simple, low-maintenance landscaping, a community laundry on-site generating additional income, & large shared courtyard. Ample parking with 14 assigned & guest spaces. Property is zoned RMM-25 adding additional opportunities.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Ice Maker
- Refrigerator
- Range
- Family Room
- Freezer
- Patio
- Smoke Free
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 1 | £1,682 | 1,000 |
| 1+1 | 4 | £1,365 | 500 |
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 49-42-24-03-0120 | Total Assessment | £649,363 (2024) |
| Land Assessment | £62,612 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £586,751 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
49-42-24-03-0120
Land Assessment
£62,612 (2024)
Improvements Assessment
£586,751 (2024)
Total Assessment
£649,363 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
zoning
| Zoning Code | RMM-25 (Multi-Family -RMM-25) |
| RMM-25 (Multi-Family -RMM-25) |
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2756 NE 32nd St
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