1401 NE 17TH Court
Fort Lauderdale, FL 33305
MLS# B26100404
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Property Details
Bedrooms
Bathrooms
0
Square Feet
21,516
Year Built
1980
Property Type
Multi Family
Status
Active
Description
26-unit multifamily investment opportunity in Fort Lauderdale! Located at 1401 NE 17th Court, this apartment community features all two-bedroom, one-bath residences, a courtyard and an outdoor swimming pool. Current scheduled rents total $52,059 per month, or $624,708 annually. Reported trailing 12-month NOI of $382,468 for November 2025-October 2026 represents an approximately 6.3% cap rate at the $6,110,000 asking price. Offered at $235,000 per unit, with additional income from laundry and application fees. An opportunity to acquire an income-producing apartment community with a consistent unit mix.
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