1150 NE 17TH Court, Fort Lauderdale, FL 33305 (MLS# B26085867)

1150 NE 17TH Court, Fort Lauderdale, FL 33305

New Listing

$13,249,000

Property Type: Commercial Sale Square Footage: 9,770 Status: Active

Current Price: $13,249,000 List Date: 10/08/2026 Last Modified: 10/08/2026

Overview

Description

EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.

Listing Details MLS# B26085867

General Property Information

Number Of Buildings: Yes
Property Sub Type: Multi Family
Number Of Units Total: 55
Price Per Unit: 124999
Occupant Type: Tenant
Building Area Main: 9770
Building Area Source: Other
Adjusted Area Main: 9770
Year Built: 1974
Parking Total: 25
Lot Size Area: 18334
Lot Size Acres: 0.42
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; Wood Heating: Central Parking Features: Assigned; Common Possession: Subject To Tenant Rights Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Interior Electric Construction Materials: CBS; Frame Cooling: Central Air Listing Terms: 1031 Exchange; Cash; Conventional Roof: Flat; Shingle; Tar/Gravel; Tile Security Features: Smoke Detector(s); None Sewer: Public Sewer Structure Type: Warehouse Utilities: Cable Connected; Electricity Available; Sewer Available; Water Connected 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: 13249000
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: 1150
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: 3119
Area: 3370
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number: 494235040010
Subdivision Number: 4
Zoning: RM-15
Flood Zone: AE
Property Description: MULTI-FAMILY 10 UNITS OR MORE

Financial Information

Tax Annual Amount: 49087.78
Tax Year: 2025
Tax Assessed/SOH Value: 2402930
Tax Legal Description: LAUDERDALE PARK 6-33 1/2 B LOT 1 THRU 3,33 BLK 1
Assessor Market Value: 2402930

Status Change Information

Major Change Timestamp: 2026-10-08T16:31:37Z
Major Change Type: New Listing
Status Change Date: 2026-10-08

More Information

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 58
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 57

Description of Unit Type 1

Unit Type: 3 Bedroom
Units Total: Yes
Full Baths: 2
Furnished: No
Annual Rent: 31200

Description of Unit Type 2

Unit Type: 2 Bedroom
Units Total: 26
Full Baths: Yes
Furnished: No
Annual Rent: 23880

Description of Unit Type 3

Unit Type: 1 Bedroom
Units Total: 27
Full Baths: Yes
Furnished: No
Annual Rent: 21480

Description of Unit Type 4

Unit Type: Efficiency
Units Total: Yes
Full Baths: Yes
Furnished: Yes
Annual Rent: 25200

Originating Details

Originating System Key: 20261008154516038637000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

110 Volts: Yes
220 Volts: Yes

Flooring

Tile: Yes
Wood: Yes

Parking Features

Assigned: Yes
Common: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes
Deed: Yes
Existing Survey: Yes
Owner Managed: Yes
Photos: Yes
Rent Rolls: Yes

Structure Type

Warehouse: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Interior Electric: Yes

Possession

Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Connected: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Connected: Yes

Heating

Central: Yes

Construction Materials

CBS: Yes
Frame: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Roof

Flat: Yes
Shingle: Yes
Tar/Gravel: Yes
Tile: Yes

Security Features

Smoke Detector(s): Yes
None: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Acreage Description

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

Listing Office: Inbal Ruiz

Last Updated: October - 08 - 2026

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