1401 NE 17TH Court, Fort Lauderdale, FL 33305 (MLS# B26085659)

1401 NE 17TH Court, Fort Lauderdale, FL 33305

New Listing

$13,249,000

Virtual Tour

https://www.propertypanorama.com/1401-NE-17TH-Court-Fort-Lauderdale-FL-33305/unbranded

Property Type: Residential Income Square Footage: 21,516 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# B26085659

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 21516
Building Area Source: Other
Living Area Main: 21516
Living Area Source: Other
Adjusted Area Main: 21516
Accessibility Features YN: No
Year Built: 1975
Parking Total: 81
Gated Community YN: No
Lot Size Area: 39944
Lot Size Acres: 0.92
Senior Community YN: No
Stories Total: 2
Stories: Yes
Pool Private YN: Yes
LP/Assessed Value: 3.09

Property Features

Documents Available: Copy Of Lease(s); Deposit - Security; Existing Survey; Service Contracts Exterior Features: Garden Fencing: Chain Link Flooring: Tile; Wood Foundation Details: Block Leasing Permitted Details: Okay To Lease Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity Construction Materials: Block Cooling: Central Air Heating: Central Laundry Features: Common Area; Laundry Room Listing Terms: 1031 Exchange; Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Subject To Tenant Rights Restrictions: No Restrictions Roof: Flat; Shingle; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Electricity Available; Water Available View: Garden; Pool; Other Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Appliances: Range; Refrigerator Unit 1 Interior Features: Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Interior Features: Pantry; Walk-In Closet(s) Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Interior Features: Walk-In Closet(s) Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space Unit 4 Rooms: Kitchen Acreage Description: 1/2 To Less Than 1 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
Street Number: 1401
Street Direction Prefix: NE
Street Name: 17TH
Street Suffix: Court
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33305
Postal Code +4: 3300
Subdivision Name: MR WILTRON
Area: 3380
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School: Bennett
Middle Or Junior School: Sunrise
High School: Fort Lauderdale
Special Assessment YN: No
Parcel Number: 494235420010
Subdivision Number: 42
Zoning: RML-25
Flood Zone: AE

Financial Information

Master Association YN: No
Tax Annual Amount: 89143.57
Tax Year: 2025
Tax Assessed/SOH Value: 4290940
Tax Legal Description: FLORIDA APARTMENTS INC PLAT 68-19 LOTS 1,2,3 & 4
Assessor Market Value: 4290940
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-10-08T02:35:22Z
Major Change Type: New Listing
Status Change Date: 2026-10-07

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 55
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 58

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Unit 1 Details

Actual Rent: 2050
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 827

Unit 1 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-31
Occupant Type: Tenant

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 2050
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 827

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-07-31
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Actual Rent: 2600
Baths Full: 2
SqFt: 1200

Unit 3 Parking Details

Carport YN: No
Garage YN: No

Unit 4 Details

Actual Rent: 1790
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 576

Unit 4 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-04-30

Price Calculations

Current Price To SqFt: 615.77

Originating Details

Originating System Key: 20261007210903551906000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

Garden: Yes

Flooring

Tile: Yes
Wood: Yes

Foundation Details

Block: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes
Deposit - Security: Yes
Existing Survey: Yes
Service Contracts: Yes

Fencing

Chain Link: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Water Available: Yes

View

Garden: Yes
Pool: Yes
Other: Yes

Heating

Central: Yes

Construction Materials

Block: Yes

Laundry Features

Common Area: Yes
Laundry Room: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Roof

Flat: Yes
Shingle: Yes
Tile: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Interior Features

Walk-In Closet(s): Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Interior Features

Pantry: Yes
Walk-In Closet(s): Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Interior Features

Walk-In Closet(s): Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Parking Space: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

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

Listing Office: Inbal Ruiz

Last Updated: October - 08 - 2026

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