561828 NE 17th Avenue, Fort Lauderdale, FL 33304
$5,750,000
Property Type:
Residential Income
Square Footage:
15,489
Status:
Closed
Current Price:
$5,750,000
List Date:
12/28/2023
Last Modified:
1/24/2026
Description
Prime Investment Opportunity in Victoria Park Offered at $7,500,000 Nestled 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 Lauderdale 828 NE 17th Avenue, Fort Lauderdale 832 NE 17th Avenue, Fort Lauderdale 820 NE 17th Avenue, Fort Lauderdale 1702 NE 9th Street, Fort Lauderdale The 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.
More Information MLS# F10414943
Contract Information
Comp Sale YN: No
Listing Date: 2023-12-28
Status: Closed
Original List Price: 7500000
Sold Price: $5,750,000
Current Price: $5,750,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33304
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Country: United States
Street Number: 828
Street Direction Prefix: NE
Street Name: 17th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33304
Postal Code +4: 4454
Subdivision Name: Progresso 2-18 D
Area: 3720
Parcel Number: 494234060180
Zoning: RMM-25
General Property Information
Living Area Main: 15489
Gated Community YN: No
Stories Total: 2
Pool Private YN: Yes
LP/Assessed Value: 5.5
Property Sub Type: Quadruplex
Year Built: 1958
Financial Information
Tax Assessed/SOH Value: 1271710
Assessor Market Value: 1271710
Tax Annual Amount: 25170
Tax Year: 2022
Tax Legal Description: PROGRESSO 2-18 D LOT 18 LESS S 25,19 BLK 239
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2024-05-17T15:35:27Z
Major Change Type: Status Change
Price Change Timestamp: 2024-01-25T03:25:34Z
Status Change Date: 2024-05-17
Under Contract Date: 2024-05-01
Close Date: 2024-05-17
Close Price: 5750000
Association Fee Includes
Pool Service: 1
Sewer: 1
Trash: 1
Water: 1
Flooring
Vinyl: 1
Property Condition
Resale: 1
Short Sale Details
Lender Approval: Approved
Short Sale Addendum: No
Co-Ownership
Property Management YN: No
Documents Available
Accounting Statements: 1
Financial Statement: 1
Investment Analysis: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Pool Features
Child Gate: 1
In Ground: 1
Roof
Composition: 1
Shingle: 1
Water Source
Public: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 1
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Price Calculations
Current Price To SqFt: 371.23
Original List Price To Close Price: 0.76
Section Details
Parcel Number MLX: 0180
Acreage Description
1 To Less Than 2 Acre Lot: 1
Income and Expenses
Net Operating Income: 409041
Operating Expense: 310507
Gross Scheduled Income: 729048
Originating Details
Originating System Key: 576162027
Originating System ID: M00000170
Property Features
Association Fee Includes: Pool Service; Trash; Water
Documents Available: Accounting Statements; Financial Statement; Investment Analysis
Flooring: Vinyl
Property Condition: Resale
Construction Materials: Block
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional; Other
Pool Features: Child Gate; In Ground
Possession: Close Of Escrow
Roof: Composition; Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: Appointment Only
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Rooms: Kitchen; Laundry Room
Contingencies: None
Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office:
LoKation
Last Updated: January - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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