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$1,900,000
$1,780,000
Sold

1521 SE 2nd Ct

·

Broward

Sold on February 28, 2025

Quadruplex

MLS® # A11696103
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$5,006 sqft
Parkings
4
Maintenance Fees
-
Annual Tax
$26,901

Description

Presenting 1521 SE 2nd Ct, a turnkey 8-unit multifamily gem in the heart of Las Olas, steps from top shopping, dining, and close to the beach. This mostly renovated property includes seven 1-bed/1-bath units and one spacious 2-bed/1-bath unit, many featuring new flooring, kitchen cabinets, and bathrooms. The freshly painted exterior adds durability and curb appeal. With the 40-Year Re-certification completed in 2022 and occupancy increasing, the property is set to generate over $190,000 annually, offering a 7.14% cap rate—potentially higher if used as a vacation rental. Seller financing available with attractive terms!

Fausto Commercial Realty Consultants Inc

Features & Details

Learn about the features and details of 1521 SE 2nd Ct

Property Details

  • Property Type
    Quadruplex
  • Living Area
    5,006 sqft
  • Year Built
    1962
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $26,901.00
  • List Date
    11/18/2024
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11696103
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33301
  • Area
    Broward
  • City
    Fort Lauderdale

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $1,900,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    WallFurnace
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2023
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1521 SE 2nd Ct

Virtual Tour

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Real estate trends

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Explore Broward

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Mortgage Calculator
Estimate monthly payments for 1521 2nd Ct
20.5%100%
Estimated Monthly Payment
$7,653
Cash Flow Analysis
Mortgage Payment:
$7,653
Monthly Payment:
$9,894.75
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this beautiful quadruplex in the heart of Fort Lauderdale. This well-appointed property offers 5,006 square feet of living space. Originally built in 1962. Offered at $1,900,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1521 SE 2nd Ct

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1521 SE 2nd Ct