820 NE 17th Avenue, Fort Lauderdale, FL 33304
$5,750,000
Property Type:
Commercial Sale
Square Footage:
15,489
Lot Size (sq. ft.):
47,916
Status:
Closed
Current Price:
$5,750,000
List Date:
12/22/2023
Last Modified:
1/24/2026
Overview
Description
Prime Investment Opportunity in Victoria ParkOffered at $7,500,000Nestled 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 Lauderdale828 NE 17th Avenue, Fort Lauderdale832 NE 17th Avenue, Fort Lauderdale820 NE 17th Avenue, Fort Lauderdale1702 NE 9th Street, Fort LauderdaleThe 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.
Listing Details MLS# F10415067
General Property Information
- Number Of Buildings
- 7
- Property Sub Type
- Multi Family
- Price Per Unit
- 277000
- Building Area Main
- 15489
- Year Built
- 1972
- Parking Total
- 34
- Lot Size Area
- 10125
- Lot Size Acres
- 1.1
- Stories Total
- 2
Property Features
Business Type:
Commercial
Documents Available:
Financial Statement; Investment Analysis
Electric:
200+ Amp Service; Separate Meters
Fencing:
Fenced
Flooring:
Tile; Vinyl
Heating:
Central Building; Central Individual
Location of Property:
City Location; Near Seaport
Parking Features:
Common; Guest
Possession:
Close Of Escrow
Property Condition:
Resale
Sale Includes:
Fixtures; Furniture
Source Of Expenses:
Owner Provided
Construction Materials:
Block; CBS
Cooling:
Central Building; Central Individual
Listing Terms:
Assumable; Cash; Conventional
Roof:
Composition; Shingle
Security Features:
Fire Alarm; Smoke Detector(s)
Sewer:
Public Sewer
Structure Type:
Hotel/Motel; Warehouse
Water Source:
Public
Showing Requirements:
Appointment Only; Call Listing Agent
Contingencies:
Sale of Other Property
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2023-12-22
- Original List Price
- 7500000
Location and Legal
- Country
- United States
- County Or Parish
- Broward
- County Parish Name
- Broward
- Street Number
- 820
- Street Direction Prefix
- NE
- Street Name
- 17th
- Street Suffix
- Avenue
- City Name
- Fort Lauderdale
- State Or Province
- FL
- Postal Code
- 33304
- Postal Code +4
- 4499
- Area
- 3720
- Geographic Area
- FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
- Parcel Number
- 494234060170
- Zoning
- RMM-25
- Property Description
- 27 units multi family
Financial Information
- Tax Annual Amount
- 28931
- Tax Year
- 2022
- Tax Assessed/SOH Value
- 1412460
- Tax Legal Description
- PROGRESSO 2-18 D LOT 17,18 S 25 BLK 239
- Assessor Market Value
- 1412460
Status Change Information
- Major Change Timestamp
- 2024-05-17T15:41:53Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2024-04-23T02:32:52Z
- Status Change Date
- 2024-05-17
- Under Contract Date
- 2024-05-03
- Close Date
- 2024-05-17
- Close Price
- 5750000
- Buyer Financing
- Cash
More Information
Building and Property Details
- Improvement Height
- 2 Stories
Short Sale Details
- Lender Approval
- Approved
- Short Sale Addendum
- No
Income and Expenses
- Gross Scheduled Income
- 775429
- Net Operating Income
- 407718
- Other Expense
- 367711
- Occupancy Percentage
- 90
Concessions
- Seller Concessions
- No
Price Calculations
- Current Price To SqFt
- 371.23
- Original List Price To Close Price
- 0.76
Section Details
- Parcel Number MLX
- 0170
Originating Details
- Originating System Key
- 576200134
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 27
Office/Member Information
- DXORIGMLSID
- FLL
Electric
- 200+ Amp Service
- Yes
- Separate Meters
- Yes
Flooring
- Tile
- Yes
- Vinyl
- Yes
Parking Features
- Common
- Yes
- Guest
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Financial Statement
- Yes
- Investment Analysis
- Yes
Fencing
- Fenced
- Yes
Structure Type
- Hotel/Motel
- Yes
- Warehouse
- Yes
Location of Property
- City Location
- Yes
- Near Seaport
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Business Type
- Commercial
- Yes
Heating
- Central Building
- Yes
- Central Individual
- Yes
Sale Includes
- Fixtures
- Yes
- Furniture
- Yes
Construction Materials
- Block
- Yes
- CBS
- Yes
Listing Terms
- Assumable
- Yes
- Cash
- Yes
- Conventional
- Yes
Roof
- Composition
- Yes
- Shingle
- Yes
Security Features
- Fire Alarm
- Yes
- Smoke Detector(s)
- Yes
Water Source
- Public
- Yes
Source Of Expenses
- Owner Provided
- Yes
Cooling
- Central Building
- Yes
- Central Individual
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Contingencies
- Sale of Other Property
- Yes
Listing Office:
LoKation
Last Updated: January - 24 - 2026
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