Investment Overview

Marcus & Millichap is pleased to present 1329 Northeast 17th Avenue, a (4)-unit apartment building located in Fort Lauderdale, Florida. SUBJECT PROPERTY 1329 Northeast 17th Avenue was originally constructed in 1964 and is comprised of one single-story concrete block building with a painted stucco exterior and metal roof. The property offers 2,932 square feet of gross building area situated on a 6,754-square-foot lot (0.16 acres), according to the Broward County Property Appraiser. The unit mix includes (3) one-bedroom/one-bathroom units and (1) two-bedroom/two-bathroom unit. The property features on-site laundry, solar panels, wall air-conditioning units, and paved asphalt parking. The property is zoned RC-15. LOCATION 1329 Northeast 17th Avenue is located in Fort Lauderdale, Florida, offering residents convenient access to NE 13th Street, Federal Highway (US-1), and Sunrise Boulevard. The surrounding one-mile area reports an average household income of $127,838 and population growth of 9.02% since 2010. Residents are within close proximity to major retail and employment centers, and a short drive to Holiday Park, Downtown Fort Lauderdale, Fort Lauderdale-Hollywood International Airport, Port Everglades, and the Broward County Convention Center. Surrounding area retailers and points of interest include TD Bank (0.5 miles), Holiday Park/Baptist IcePlex/The Parker (0.5 miles), Publix Super Market at Sunrise Boulevard (0.6 miles), Walgreens Pharmacy (0.6 miles), Dunkin’/Talkin’ Tacos/Trek Bicycles/Panda Express (0.6 miles), Truist Bank (0.6 miles), Pet Supermarket (0.9 miles) and Home Depot (1.1 miles), Additionally, just a short drive from the property includes Amped Fitness (1.2 miles), The Galleria (1.4 miles), Hugh Taylor Birch State Park (1.7 miles), Beaches (1.9 miles), Brightline Fort Lauderdale Station (2.2 miles), Broward County Convention Center (5.0 miles), Port Everglades (6.3 miles), and Fort Lauderdale-Hollywood International Airport (6.4 miles). Nearby educational facilities include Sunrise Middle School (0.2 miles), Bennett Elementary School (0.2 miles), Fort Lauderdale High School (1.3 miles), and Bayview Elementary School (1.5 miles). SUMMARY 1329 Northeast 17th Avenue is being offered for sale at $960,000 or $240,000 per unit.