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621 28th Street
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PRICED AT ONLY: $1,699,500

Address: 621 28th Street, Wilton Manors, FL 33334

Description

Exceptional, fully renovated fourplex offering strong, stable returns and an approximate 7pc cap rate in one of South Floridas most desirable rental markets. This turnkey asset has maintained a 95pc occupancy with reliable medium term tenants seeking quality furnished housing. Each unit has been modernized with recessed LED lighting, in unit laundry, smart locks, and stylish contemporary dcor. Recent upgrades include new HVAC systems, electrical panels, four water heaters, a 2023 roof, and remodeled bathrooms. The exterior features new paint, updated landscaping, and redesigned private patios that enhance tenant appeal. Located near Wilton Drive and just minutes from Downtown Fort Lauderdale, this stabilized, income producing property is an ideal addition to any investors portfolio.

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  • MLS#: F10531668 ( Residential Income )
  • Street Address: 621 28th Street
  • Viewed: 95
  • Price: $1,699,500
  • Price sqft: $540
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 3150

Description

Exceptional, fully renovated fourplex offering strong, stable returns and an approximate 7pc cap rate in one of South Floridas most desirable rental markets. This turnkey asset has maintained a 95pc occupancy with reliable medium term tenants seeking quality furnished housing. Each unit has been modernized with recessed LED lighting, in unit laundry, smart locks, and stylish contemporary dcor. Recent upgrades include new HVAC systems, electrical panels, four water heaters, a 2023 roof, and remodeled bathrooms. The exterior features new paint, updated landscaping, and redesigned private patios that enhance tenant appeal. Located near Wilton Drive and just minutes from Downtown Fort Lauderdale, this stabilized, income producing property is an ideal addition to any investors portfolio.
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Features
Building and Construction
  • Flooring: Tile
  • Roof: Flat, Tile
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Separate Meters, Central
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Home Owners Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water
  • Tax Year: 2024
Other Features
  • Legal Description: RESUB OF HIGHLAND ESTATES 21-21 B LOT 7 E 10, 8 BLK 2
  • Parcel Number: 494226090370
  • Views: 95
  • Zoning Code: RM-16
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