13-unit multifamily investment opportunity in Fort Lauderdale at 1151 NE 17th Ct. Unit mix includes 11 one-bedroom/one-bath apartments, one studio/one-bath apartment and one three-bedroom/two-bath apartment. Current scheduled rents total $24,450 monthly, or $293,400 annually. Reported trailing 12-month NOI of $197,115 reflects a 6.6% cap rate at the $2,990,000 asking price, approximately $230,000 per unit. Property features include select renovated interiors and laundry income. An opportunity to acquire an income-producing apartment property with a diverse unit mix.
| Listing ID: | B26100393 |
|---|---|
| List Price: | $2,990,000 |
| Property Type: | Commercial/Industrial |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Half: | 0 |
| Tax Annual Amount: | $41,185 |
| Lot Size Square Feet: | 13,158 |
| Lot Size Acres: | 0.3 |
| Waterfront?: | No |
| City: | Fort Lauderdale |
| County Or Parish: | Broward County |
| Postal Code: | 33305 |
| Year Built: | 1985 |
| Number Of Units Total: | 13 |
| Association?: | No |
| Cooling: | Central Air |
| Electric: | 110 Volts Power, 220 Volts, 220 Volt |
| Flooring: | Tile |
| Heating: | Central |
| Listing Contract Date: | 2026-11-14 |
| Lot Features: | 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre |
| Status: | Active |
| Parking Features: | Common |
| Parking Total: | 25 |
| Postal Code Plus4: | 3124 |
| Sewer: | At Site, Public Sewer, Other, Public Sanitation, Sewer |
| State Or Province: | FL |
| Stories: | 2 |
| Water Source: | Public |
| Bathrooms Total Integer: | 0 |
| Building Area Total: | 7454 |
| Building Area Units: | Square Feet |
| Construction Materials: | CBS Construction, Frame, Frame With Stucco |
| Cooling?: | Yes |
| Current Financing: | Cash |
| Electric On Property?: | Yes |
| Heating?: | Yes |
| Horse?: | No |
| Listing Terms: | All Cash, Conventional, Exchange |
| Living Area Units: | Square Feet |
| Lot Size Units: | Square Feet |
| New Construction?: | No |
| Number Of Buildings: | 1 |
| Number Of Units In Community: | 13 |
| Original List Price: | $2,990,000 |
| Parcel Number: | 494235041760 |
| Pool Private?: | No |
| Roof: | Tar/Gravel, Flat Tile, Flat Roof With Facade Front, Tar & Gravel Roof |
| Security Features: | No Fire Protection, No Security |
| Sign On Property?: | No |
| Special Listing Conditions: | Sale |
| Stories Total: | 2 |
| Structure Type: | Multi Family |
| Tax Year: | 2026 |
| Utilities: | Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available |
| View?: | No |
| Zoning: | RML-25 |
| AreaMiamire Area: | 3370 |
| Ok To Advertise ListMiamire Ok To Advertise List: | No |
Listing Courtesy of: Inbal Ruiz
ruizinbal@gmail.com
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Copyright 2026 MIAMI REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIAMI REALTORS® MLS data last updated on November 15, 2026 01:47 AM - ET
Property Last Updated: November 15, 2026 01:47 AM - ET
