1151 NE 17TH Court, Fort Lauderdale, FL 33305 (MLS# B26100393)

1151 NE 17TH Court, Fort Lauderdale, FL 33305

New Listing
$2,990,000
Property Type: Commercial Sale Square Footage: 7,454 Status: Active
Current Price: $2,990,000 List Date: 11/14/2026 Last Modified: 11/14/2026

Overview

Description

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 Details MLS# B26100393

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
13
Price Per Unit
230000
Occupant Type
Tenant
Building Area Main
7454
Building Area Source
Other
Adjusted Area Main
7454
Year Built
1985
Parking Total
25
Lot Size Area
13158
Lot Size Acres
0.3
Accessibility Features YN
No
Stories Total
2

Property Features

Documents Available: Copy Of Lease(s); Deed; Existing Survey; Owner Managed; Rent Rolls Electric: 110 Volts; 220 Volts Flooring: Tile Heating: Central Parking Features: Common Possession: Close Of Escrow Special Listing Conditions: Standard Construction Materials: CBS; Frame Cooling: Central Air Listing Terms: 1031 Exchange; Cash; Conventional Roof: Flat; Tar/Gravel Security Features: None Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2990000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1151
Street Direction Prefix
NE
Street Name
17TH
Street Suffix
Court
City Name
Fort Lauderdale
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33305
Postal Code +4
3124
Area
3370
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494235041760
Subdivision Number
4
Zoning
RML-25
Flood Zone
AE
Property Description
MULTI-FAMILY 10 UNITS OR MORE

Financial Information

Tax Annual Amount
41185.76
Tax Year
2026
Tax Assessed/SOH Value
2042170
Tax Legal Description
LAUDERDALE PARK 6-33 1/2 B LOTS 7,8,9 & 10,LESS W 10 OF LOT 10,BLK 15
Assessor Market Value
2080500

Status Change Information

Major Change Timestamp
2026-11-14T22:00:13Z
Major Change Type
New Listing
Status Change Date
2026-11-14

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
13
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
13

Income and Expenses

Inc/Exp Statement Period
2006

Unit Details

Number Of Units Leased
13

Description of Unit Type 1

Unit Type
3 Bedroom
Units Total
Yes
Full Baths
2
Furnished
No

Description of Unit Type 2

Unit Type
1 Bedroom
Units Total
11
Full Baths
Yes
Furnished
No
Annual Rent
1790

Description of Unit Type 3

Unit Type
Efficiency
Units Total
Yes
Full Baths
Yes

Originating Details

Originating System Key
20261114213405769638000000
Originating System ID
M00000170
IDX
Listing Office: Inbal Ruiz
Source MLS Verified
Last Updated: November - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Search powered by FBS Products