1150 NE 17TH Court, Fort Lauderdale, FL 33305
$13,249,000 · $1,356 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $13,249,000
- Price per sq ft: $1,356
- Building size: 9,770 sq ft
- Lot size: 18,295 sq ft
- Zoning: RM-15
- Year built: 1974
- Units: 55
- Stories: 2
- Tenant pays: Cable TV, Electricity, Interior Electric
- Buildings: 1
- Parking spaces: 25
- Parcel ID: 494235040010
- MLS#: B26085867
About this property
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.
Building Features and Utilities
- Cable Available
- Electricity Available
- Sewer Available
- Water Connected
- Frame
- CBS
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 3 Bedroom | 1 | 3 / 2 | — | $2,600/mo | — |
| 2 Bedroom | 26 | 2 / 1 | — | $1,990/mo | — |
| 1 Bedroom | 27 | 1 / 1 | — | $1,790/mo | — |
| Efficiency | 1 | — / 1 | — | $2,100/mo | — |
55 units. Reported rent $1,257,240 a year ($104,770 a month).
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Property taxes | $49,088/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 1150 NE 17TH Court
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Inbal Ruiz · ruizinbal@gmail.com · Listing agent: Inbal Ruiz
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1150 NE 17TH Court or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1150 NE 17TH Court
- How much is 1150 NE 17TH Court?
- 1150 NE 17TH Court is listed at $13,249,000, about $1,356 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 1150 NE 17TH Court zoned?
- The listing reports zoning of RM-15. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 1150 NE 17TH Court?
- The listing reports 9,770 square feet of building.
- When was 1150 NE 17TH Court built?
- 1150 NE 17TH Court was built in 1974. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 1150 NE 17TH Court?
- The listing reports annual property taxes of $49,088 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 1150 NE 17TH Court?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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