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About This Property
Triplex investment opportunity in Waverly Place, Fort Lauderdale. This two-story residential income property is located within Sailboat Bend Historic District and has the potential to offer multiple revenue streams through its three-unit configuration. The layout provides flexibility for owner-occupancy with additional rental income potential. Well-positioned for investors seeking tangible real estate assets with income-generating capacity. The unit on 2nd floor offers a renovated 1 bedroom/1 bathroom, full kitchen, living area plus laundry and is currently occupied. 2 units on the 1st level both have private entrances but have sustained water damage from flooding and require renovation and repairs. 3 separate meters, 2 mini split a/c units. No info on age of roof, no premits of record. Flooding insurance claim has been issued however property is in foreclosure and no work has been done. City Public Works Dept is currently implementing the Fortify Lauderdale Stormwater Improvement Project, which includes Sailboat Bend historic district. Project is intended to enhance the citys stormwater infrastructure and help reduce flooding throughout the district. Verify all info with Lina Allakhverdieva, City of Fort Lauderdale. Also a current lien from the City of Fort Lauderdale, call to discuss with listing agent . Property is in foreclosure and this is a short sale.
Property Features
County
Broward County
Section
Area
1820
Subdivision
WAVERLY PLACE,Sailboat Bend
Interior
Cooling
Wall/Window Unit(s)
Bedrooms
Floors
Tile
Full Baths
Appliances
Heating
None
Style
Two Story
Garage Spaces
Construction/Exterior
Stucco
Patio / Deck Description
Exterior
Other
Has a Pool
Possession
Lot Size in Acres
0.11
Water
Public
Sewer
Public Sewer, Public Sanitation, Sewer
Lot Size in Sq. Ft.
4600
Has Waterfront
No
Parking Description
View
Other, Other Water View
Has Garage
No
Roof/Attic
Other Roof/Roof Structure, Other
Senior Community
No
Other Utilities
Cable Connected, Electricity Connected, Cable Available, Electricity Available, Sewer Available, Water Available
Property Type
Residential Income
Pets
Yes
Property SubType 2
Triplex
Tax Year
2025
Year Built
1952
Tax Amount
$18596
APN
NA
Square Feet Source
NA
Map
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