About This Property

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.

Key Features

• 39,944 sq ft Lot
• Built in 1980

Property Details

• Type: Single Family Home
• Year Built: 1980
• Lot Size: 39,944 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 39,944 sq ft Lot
• Feature: Built in 1980
• Status: Active
• MLS Number: 1195198904
• Days on Market: 1
• Listed By: Inbal Ruiz · Inbal Ruiz
• Zip Code: 33305