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828 NE 17th Avenue, Fort Lauderdale, FL 33304

$5,750,000
Property Type: Residential Income Square Footage: 15,489 Status: Closed
Current Price: $5,750,000 List Date: 12/28/2023 Last Modified: 1/24/2026

Description

Prime Investment Opportunity in Victoria Park Offered at $7,500,000 Nestled in the heart of Victoria Park, this unique property presents an exceptional investment opportunity. For sale are a total of 27 units, seamlessly blending modern amenities with a prime location. Situated on over an acre of land, this investment includes the following adjacent properties: 840 NE 17th Avenue, Fort Lauderdale 828 NE 17th Avenue, Fort Lauderdale 832 NE 17th Avenue, Fort Lauderdale 820 NE 17th Avenue, Fort Lauderdale 1702 NE 9th Street, Fort Lauderdale The units, currently occupied by a mix of short- and long-term tenants. Notable upgrades include the replacement of windows and doors with impact glass and newer roofs.

More Information MLS# F10414943

Contract Information

Comp Sale YN: No Listing Date: 2023-12-28 Status: Closed Original List Price: 7500000 Sold Price: $5,750,000 Current Price: $5,750,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Postal Zip: 33304 Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810) Country: United States Street Number: 828 Street Direction Prefix: NE Street Name: 17th Street Suffix: Avenue State Or Province: FL Postal Code: 33304 Postal Code +4: 4454 Subdivision Name: Progresso 2-18 D Area: 3720 Parcel Number: 494234060180 Zoning: RMM-25

General Property Information

Living Area Main: 15489 Gated Community YN: No Stories Total: 2 Pool Private YN: Yes LP/Assessed Value: 5.5 Property Sub Type: Quadruplex Year Built: 1958

Financial Information

Tax Assessed/SOH Value: 1271710 Assessor Market Value: 1271710 Tax Annual Amount: 25170 Tax Year: 2022 Tax Legal Description: PROGRESSO 2-18 D LOT 18 LESS S 25,19 BLK 239

Office/Member Information

DXORIGMLSID: FLL

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2024-05-17T15:35:27Z Major Change Type: Status Change Price Change Timestamp: 2024-01-25T03:25:34Z Status Change Date: 2024-05-17 Under Contract Date: 2024-05-01 Close Date: 2024-05-17 Close Price: 5750000

Association Fee Includes

Pool Service: 1 Sewer: 1 Trash: 1 Water: 1

Flooring

Vinyl: 1

Property Condition

Resale: 1

Short Sale Details

Lender Approval: Approved Short Sale Addendum: No

Co-Ownership

Property Management YN: No

Documents Available

Accounting Statements: 1 Financial Statement: 1 Investment Analysis: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Heating

Central: 1 Separate Meters: 1

Construction Materials

Block: 1

Listing Terms

Cash: 1 Conventional: 1 Other: 1

Pool Features

Child Gate: 1 In Ground: 1

Roof

Composition: 1 Shingle: 1

Water Source

Public: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1

Tax Information

Tax Reflects No Exemptions: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Unit 1 Details

Actual Rent: 1 Baths Full: 1 Beds Total: 2 Efficiency YN: No Furnished: Furnished Hotel Room YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 1 Other Equipment

Air Conditioning Unit: 1

Unit 1 Rooms

Kitchen: 1 Laundry Room: 1

Price Calculations

Current Price To SqFt: 371.23 Original List Price To Close Price: 0.76

Section Details

Parcel Number MLX: 0180

Acreage Description

1 To Less Than 2 Acre Lot: 1

Income and Expenses

Net Operating Income: 409041 Operating Expense: 310507 Gross Scheduled Income: 729048

Originating Details

Originating System Key: 576162027 Originating System ID: M00000170

Property Features

Association Fee Includes: Pool Service; Trash; Water Documents Available: Accounting Statements; Financial Statement; Investment Analysis Flooring: Vinyl Property Condition: Resale Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; Other Pool Features: Child Gate; In Ground Possession: Close Of Escrow Roof: Composition; Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Rooms: Kitchen; Laundry Room Contingencies: None Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office: LoKation
Last Updated: January - 24 - 2026
828 NE 17th Avenue, Fort Lauderdale, FL 33304- MLS# F10414943
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