5 Unit Apt Bldg + Cottage | 119 NW 43rd Ct
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5 Unit Apt Bldg + Cottage 119 NW 43rd Ct
6 Unit Apartment Building $995,000 ($165,833/Unit) Fort Lauderdale, FL 33309
Executive Summary
Property consists of a 2 story building plus 1 story rear cottage. Both buildings have new roofs with transferable warranties. These annual apartments, occupied by long term tenants of several years, are currently month to month making upside potential immediate. One studio apartment has an attached oversized bedroom currently vacant. Ideally these would be combined for a full 1/1 unit with more income. This deep lot provides several spacious outdoor patios. Parking area can accommodate tandem vehicles greatly expanding the 7 spaces. Located steps off Andrews Avenue gives direct accessibility to Wilton Manors, downtown Fort Lauderdale, I-95, and the beach. The bus line and shopping are within walking distance. Property offers a lot of value! Please drive by only - no sign, please do not disturb tenants.
Financial Summary (Pro forma - 2024) 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
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024) 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 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $995,000 | Building Class | C |
| Price Per Unit | $165,833 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 3,778 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.85/1,000 SF |
| Apartment Style | Low Rise |
| Price | $995,000 |
| Price Per Unit | $165,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,778 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.85/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Tile Floors
- Vaulted Ceiling
- Refrigerator
- Range
- Carpet
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 49-42-22-08-0210 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $243,980 |
PROPERTY TAXES
Parcel Number
49-42-22-08-0210
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$243,980
zoning
| Zoning Code | RM-16 |
| RM-16 |
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5 Unit Apt Bldg + Cottage | 119 NW 43rd Ct
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