1521 SE 2nd Court, Fort Lauderdale, FL 33301
- $1,780,000
- 5,006
- SqFt
- Sold Price
- $1,780,000
- List Price
- $1,900,000
- Days on Market
- 87
- Closing Date
- Feb 28, 2025
- MLS#
- A11696103
- Sq. Ft
- 5,006
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Colee Hammock
- Year Built
- 1962
Property Description
Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!
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Additional Information
- Construction
- Block
- Cooling
- Wall/Window Unit(s)
- Flooring
- Other, Tile, Vinyl
- Heating
- Separate Meters, Wall Furnace
- Roof
- Built-Up
- Taxes
- $26,901
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $355
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Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:
Selling Office: Fausto Commercial Realty Consultants Inc.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Elior Levi | Email: elevi@faustocommercial.com