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Marysue Jacobs, Broker

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1150 NE 17TH Court, Fort Lauderdale, FL 33305

New Listing
$13,249,000
Property Type: Commercial Sale Square Footage: 9,770 Status: Active
Current Price: $13,249,000 List Date: 10/08/2026 Last Modified: 10/08/2026

Description

EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.

More Information MLS# B26085867

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: Yes Listing Date: 2026-10-08 Status: Active Original List Price: 13249000 List Price: $13,249,000 Current Price: $13,249,000 Listing Service: Full Service

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Municipality Type: Incorporated Postal Code: 33305 Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700) Subdivision Number: 4 Flood Zone: AE Property Description: MULTI-FAMILY 10 UNITS OR MORE Country: United States Street Number: 1150 Street Direction Prefix: NE Street Name: 17TH Street Suffix: Court State Or Province: FL Postal Code +4: 3119 Area: 3370 Parcel Number: 494235040010 Zoning: RM-15

General Property Information

Number Of Buildings: 1 Number Of Units Total: 55 Price Per Unit: 124999 Occupant Type: Tenant Adjusted Area Main: 9770 Accessibility Features YN: No Lot Size Area: 18334 Stories Total: 2 Property Sub Type: Multi Family Building Area Main: 9770 Building Area Source: Other Year Built: 1974 Parking Total: 25 Lot Size Acres: 0.42

Financial Information

Tax Assessed/SOH Value: 2402930 Assessor Market Value: 2402930 Tax Annual Amount: 49087.78 Tax Year: 2025 Tax Legal Description: LAUDERDALE PARK 6-33 1/2 B LOT 1 THRU 3,33 BLK 1

Office/Member Information

DXORIGMLSID: RML

Electric

110 Volts: 1 220 Volts: 1

Flooring

Tile: 1 Wood: 1

Parking Features

Assigned: 1 Common: 1

Special Listing Conditions

Standard: 1

Documents Available

Copy Of Lease(s): 1 Deed: 1 Existing Survey: 1 Owner Managed: 1 Photos: 1 Rent Rolls: 1

Meter Information

Separate Electric Meters YN: Yes Separate Gas Meters YN: No Separate Water Meters YN: No Number Of Meters Total: 57 Number Of Separate Electric Meters: 58

Structure Type

Warehouse: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Interior Electric: 1

Possession

Close Of Escrow: 1 Subject To Tenant Rights: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Available: 1 Water Connected: 1

Heating

Central: 1

Sale Includes

Building: 1 Land: 1

Construction Materials

CBS: 1 Frame: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Roof

Flat: 1 Shingle: 1 Tar/Gravel: 1 Tile: 1

Security Features

Smoke Detector(s): 1 None: 1

Water Source

Public: 1

Description of Unit Type 1

Unit Type: 3 Bedroom Units Total: 1 Beds Total: 3 Full Baths: 2 Furnished: No Annual Rent: 31200

Description of Unit Type 2

Unit Type: 2 Bedroom Units Total: 26 Beds Total: 2 Full Baths: 1 Furnished: No Annual Rent: 23880

Cooling

Central Air: 1

Description of Unit Type 3

Unit Type: 1 Bedroom Units Total: 27 Beds Total: 1 Full Baths: 1 Furnished: No Annual Rent: 21480

Description of Unit Type 4

Unit Type: Efficiency Units Total: 1 Full Baths: 1 Furnished: Yes Annual Rent: 25200

Showing Requirements

Call Listing Agent: 1

Acreage Description

1/4 To Less Than 1/2 Acre Lot: 1 Less Than 1 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2026-10-08T16:31:37Z Major Change Type: New Listing Status Change Date: 2026-10-08

Originating Details

Originating System Key: 20261008154516038637000000 Originating System ID: M00000170

Property Features

Documents Available: Copy Of Lease(s); Deed; Existing Survey; Owner Managed; Rent Rolls Electric: 110 Volts; 220 Volts Flooring: Tile; Wood Heating: Central Parking Features: Assigned; Common Possession: Close Of Escrow; Subject To Tenant Rights Sale Includes: Building; Land Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Interior Electric Construction Materials: CBS; Frame Cooling: Central Air Listing Terms: 1031 Exchange; Cash; Conventional Roof: Flat; Shingle; Tar/Gravel; Tile Security Features: Smoke Detector(s); None Sewer: Public Sewer Structure Type: Warehouse Utilities: Cable Available; Electricity Available; Sewer Available; Water Connected Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: Inbal Ruiz
Last Updated: October - 08 - 2026
1150 NE 17TH Court, Fort Lauderdale, FL 33305- MLS# B26085867
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