828 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

Overview

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.

Listing Details MLS# F10414943

General Property Information

Property Sub Type
Quadruplex
Living Area Main
15489
Year Built
1958
Gated Community YN
No
Stories Total
2
Pool Private YN
Yes
LP/Assessed Value
5.5

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 Restrictions: Other Restrictions Roof: Composition; Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony; Porch Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Rooms: Kitchen; Laundry Room Contingencies: None Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2023-12-28
Original List Price
7500000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
828
Street Direction Prefix
NE
Street Name
17th
Street Suffix
Avenue
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33304
Postal Code +4
4454
Postal Zip
33304
Subdivision Name
Progresso 2-18 D
Area
3720
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494234060180
Zoning
RMM-25

Financial Information

Tax Annual Amount
25170
Tax Year
2022
Tax Assessed/SOH Value
1271710
Tax Legal Description
PROGRESSO 2-18 D LOT 18 LESS S 25,19 BLK 239
Assessor Market Value
1271710

Status Change Information

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
Buyer Financing
Cash

More Information

Co-Ownership

Property Management YN
No

Short Sale Details

Lender Approval
Approved
Short Sale Addendum
No

Income and Expenses

Net Operating Income
409041
Operating Expense
310507
Gross Scheduled Income
729048

Unit 1 Details

Actual Rent
Yes
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No

Unit 1 Lease Description

Lease Term
Month To Month

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
371.23
Original List Price To Close Price
0.76

Section Details

Parcel Number MLX
0180

Originating Details

Originating System Key
576162027
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Association Fee Includes

Pool Service
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Flooring

Vinyl
Yes

Property Condition

Resale
Yes

Documents Available

Accounting Statements
Yes
Financial Statement
Yes
Investment Analysis
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Pool Features

Child Gate
Yes
In Ground
Yes

Roof

Composition
Yes
Shingle
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes

Restrictions

Other Restrictions
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Outdoor Living Spaces

Balcony
Yes
Porch
Yes

Contingencies

None
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Rooms

Kitchen
Yes
Laundry Room
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
Listing Office: LoKation
IDX
Last Updated: January - 24 - 2026
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