1605 E Broward Boulevard, Fort Lauderdale, FL 33301

$850,000

Property Type: Commercial Sale Square Footage: 5,000 Status: Closed

Current Price: $850,000 List Date: 9/10/2014 Last Modified: 6/09/2026

Overview

Description

Multi family, fully leased, 6 unit property in the heart of Victoria Park. Class A location, great upside! Desirable residential area. Building has been well maintained by current owner and has a great tenant base. As of October 1 rents have been increas ed (which still is undervalued) leaving the building at a CAP of 6.92%. Walking distance to Las Olas, close to the beach. A must for any investor!!!

Listing Details MLS# F1307058

General Property Information

Number Of Buildings: Yes
Property Sub Type: Multi Family
Number Of Units Total: 6
Price Per Unit: 149
Occupant Type: Tenant
Building Area Main: 5000
Year Built: 1948
Parking Total: 6
Lot Size Area: 5000
Stories Total: 2
Leasable Area: 3546

Property Features

Building Features: Laundry Facilities Business Type: Auto Service Common Area Maintenance Includes: Grounds/Plants; Interior Electric; Telephone Documents Available: Copy Of Lease(s); Investment Analysis; Other Available Information; Owner Managed Electric: Separate Meters Fencing: Fenced Flooring: Tile Heating: Window/Wall Location of Property: In Residential Area Parking Features: Common Possession: Other Sale Includes: Fixtures; Land; Leases Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional; Other Roof: Other Security Features: Fire Alarm; Security Gate; Smoke Detector(s) Utilities: Sewer Available Water Source: Public Showing Requirements: Call Listing Agent; No Sign; Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 895000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1605
Street Direction Prefix: E
Street Name: Broward
Street Suffix: Boulevard
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33301
Postal Code +4: 2167
Area: 3270
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number: 504202151280
Subdivision Number: 15
Zoning: 08 MULTI
Directions: EAST OF US 1 AND JUST BEFORE BROWARD BLVD TURNS INTO VICTORIA PARK

Financial Information

Tax Annual Amount: 8775
Tax Year: 2013
Tax Assessed/SOH Value: 348040
Tax Legal Description: VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 4 E 50,5 E 50 BLK 8
Assessor Market Value: 399970

Status Change Information

Major Change Timestamp: 2014-12-05T18:42:19Z
Major Change Type: Status Change
Status Change Date: 2014-12-19
Under Contract Date: 2014-09-23
Close Date: 2014-12-05
Close Price: 850000
Buyer Financing: Cash

More Information

Building and Property Details

# Of Toilets: 6

Distance To Information

Miles to Beach: 3
Miles to Expressway: 5

Meter Information

Number Of Meters Total: 5

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Gross Scheduled Income: 71028
Insurance Expense: 2550
Maintenance Expense: 300
Net Operating Income: 54346
Operating Expense: 16682
Real Estate Taxes: 8424
Trash Expense: 1320
Utilities Expense: 1993
Occupancy Percentage: 100
Inc/Exp Statement Period: No
Vacancy Allowance Rate: 0

Description of Unit Type 1

Furnished: No
Annual Rent: 1000

Description of Unit Type 2

Furnished: No

Description of Unit Type 3

Furnished: No
Annual Rent: 1000

Description of Unit Type 4

Furnished: No
Annual Rent: 1008

Description of Unit Type 5

Furnished: No
Annual Rent: 900

Description of Unit Type 6

Furnished: No
Annual Rent: 861

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 170
Original List Price To Close Price: 0.94

Section Details

Parcel Number MLX: 1280

Originating Details

Originating System Key: 92030459
Originating System ID: M00000170

Currently Not Used

Ownership Type: Sole Proprietor

Office/Member Information

DXORIGMLSID: FLL

Electric

Separate Meters: Yes

Flooring

Tile: Yes

Parking Features

Common: Yes

Documents Available

Copy Of Lease(s): Yes
Investment Analysis: Yes
Other Available Information: Yes
Owner Managed: Yes
Photos: Yes

Fencing

Fenced: Yes

Location of Property

In Residential Area: Yes

Possession

Other: Yes

Utilities

Sewer Available: Yes

Building Features

Laundry Facilities: Yes

Business Type

Auto Service: Yes

Common Area Maintenance Includes

Grounds/Plants: Yes
Interior Electric: Yes
Telephone: Yes

Heating

Window/Wall: Yes

Sale Includes

Fixtures: Yes
Land: Yes
Leases: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Roof

Other: Yes

Security Features

Fire Alarm: Yes
Security Gate: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Call Listing Agent: Yes
No Sign: Yes
Text Listing Agent: Yes

Acreage Description

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

Listing Office: Keller Williams Realty Boca Raton

Last Updated: June - 09 - 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.

1605 E Broward Boulevard, Fort Lauderdale, FL 33301 (MLS# F1307058)