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4220 N FEDERAL HY Fort Lauderdale, FL 33308
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Key Details
Sold Price $1,825,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,290 sqft
Price per Sqft $148
MLS Listing ID A2204412
Sold Date 02/09/16
HOA Y/N No
Year Built 1981
Annual Tax Amount $25,700
Tax Year 2014
Lot Size 0.340 Acres
Acres 0.34
Property Description
Income producing mixed use retail & residential rental income property. Consists of 7,900 SF ground floor retail w/ 8 residential rentals on 2nd level hidden behind mansards. Rentals below market. Structure is 12,290 SF on 14,875 SF of land. Property o ffers 10 parking in the rear for tenants & 10 + space in the front for retail/visitors. Minutes to the beaches & Coral Ridge Country Club, Mall, Starbucks & Chipotle. Proforma financials available showing 4 + CAP.
Location
State FL
County Broward County
Area 3422
Direction LOCATED IN THE CORAL RIDGE COUNTRY CLUB ADDITION ON N. FEDERAL HWY; A HIGHLY TRAVELED NORTH-SOUTH CORRIDOR BETWEEN COMMERCIAL & OAKLAND BLVDS.
Interior
Heating Central, Electric
Cooling Central Air
Flooring Concrete, Ceramic Tile
Exterior
Waterfront No
Roof Type Composition,Other
Parking Type Common
Total Parking Spaces 18
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Others
Tax ID 494224080310
Financing Conventional
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Bought with BrokerNation Real Estate