1401 NE 17TH Court, Fort Lauderdale, FL 33305 (MLS# B26100404)

1401 NE 17TH Court, Fort Lauderdale, FL 33305

New Listing
$6,110,000
Property Type: Commercial Sale Square Footage: 21,516 Status: Active
Current Price: $6,110,000 List Date: 11/14/2026 Last Modified: 11/14/2026

Overview

Description

26-unit multifamily investment opportunity in Fort Lauderdale! Located at 1401 NE 17th Court, this apartment community features all two-bedroom, one-bath residences, a courtyard and an outdoor swimming pool. Current scheduled rents total $52,059 per month, or $624,708 annually. Reported trailing 12-month NOI of $382,468 for November 2025-October 2026 represents an approximately 6.3% cap rate at the $6,110,000 asking price. Offered at $235,000 per unit, with additional income from laundry and application fees. An opportunity to acquire an income-producing apartment community with a consistent unit mix.

Listing Details MLS# B26100404

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
26
Price Per Unit
134615
Occupant Type
Tenant
Building Area Main
21516
Building Area Source
Other
Adjusted Area Main
21516
Year Built
1980
Parking Total
54
Lot Size Area
39944
Lot Size Acres
0.92
Accessibility Features YN
No
Stories Total
2

Property Features

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

Contract Information

Comp Sale YN
No
Original List Price
6110000
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
1401
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
3300
Area
3380
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494235420010
Subdivision Number
42
Zoning
RML-25
Flood Zone
AE
Property Description
MULTI-FAMILY 10 UNITS OR MORE

Financial Information

Tax Annual Amount
89143.57
Tax Year
2026
Tax Assessed/SOH Value
4290940
Tax Legal Description
FLORIDA APARTMENTS INC PLAT 68-19 LOTS 1,2,3 & 4
Assessor Market Value
4290940

Status Change Information

Major Change Timestamp
2026-11-14T22:40:15Z
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
26
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
28

Income and Expenses

Gross Scheduled Income
624708
Inc/Exp Statement Period
2006

Description of Unit Type 1

Unit Type
2 Bedroom
Units Total
26
Full Baths
Yes
Furnished
No

Originating Details

Originating System Key
20261114222522911096000000
Originating System ID
M00000170
IDX
Listing Office: Inbal Ruiz
Source MLS Verified
Last Updated: November - 14 - 2026
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