1137 SE 6TH Terrace # 1-8, Fort Lauderdale, FL 33316

Description of 1137 SE 6TH Terrace # 1-8, Fort Lauderdale, FL 33316

Rare opportunity to acquire a completely renovated 8-unit commercial building in the heart of East Fort Lauderdale, east of US 1. This turnkey property has been taken down to the studs and rebuilt with quality throughout, making it an ideal investment for an owner-user or investor seeking minimal future maintenance. Perfectly situated in the highly desirable Rio Vista area, just minutes from Las Olas Boulevard and the 17th Street Causeway, the property provides convenient access to Whole Foods, Starbucks, restaurants, boutique shopping, nightlife, fitness centers, and many of Fort Lauderdale's most popular destinations. This central East Fort Lauderdale location offers outstanding accessibility, strong demographics, and exceptional long-term investment potential in one of South Florida's most sought-after commercial corridors. The property consists of eight units and has undergone a complete gut renovation with extensive new systems and improvements throughout. Improvements include all-new impact doors and windows, interior gypsum-board walls with soundproofing, mini-split air-conditioning systems with 10-year warranties, a new fire-retardant roof system, and replacement of the cast-iron plumbing with PVC and copper. The property also features new electrical throughout, a contemporary driveway and outdoor patio, and updated systems throughout. Four of the units are configured as studio apartments and four as one-bedroom units. The residential-style improvements include four in-unit washers and dryers and four full ultra-modern kitchens. Overall, the property is presented in exceptional condition with substantial modern, high quality improvements and updated infrastructure.

Property Details for 1137 SE 6TH Terrace # 1-8, Fort Lauderdale, FL 33316

Flooring

Marble, Tile

Heating

Other

Cooling

Ceiling Fan(s)

Parking Features

Common, Free Parking, Guest

Pool Private

No

Year Built Details

Newly Updated/Renovated

Property Condition

Substantially Remodeled, Updated/Remodeled, Completely Renovated

Building Information for 1137 SE 6TH Terrace # 1-8, Fort Lauderdale, FL 33316

Building Area Total

2997

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Security Features

Smoke Alarm, Smoke Detector(s), Smoke Detector

Property Information for 1137 SE 6TH Terrace # 1-8, Fort Lauderdale, FL 33316

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

6,250

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Tar/Gravel, Flat Tile, Flat Roof With Facade Front, Tar & Gravel Roof

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 1137 SE 6TH Terrace # 1-8, Fort Lauderdale, FL 33316

Parcel Number

504211181360

Tax Annual Amount

$17,014

Tax Year

2,025

Tax Legal Description

RIO VISTA ISLES UNIT 3 7-47 B LOT 23 BLK 9

Zoning

RS-8

County Or Parish

Broward County

Location