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Bean Group
Offered at $2,600,000Active
beds
—
baths
0
sq ft
2,997
Built
1958

1137 SE 6TH Terrace #1-8

Fort Lauderdale, FL

About this home

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.

Listing last checked: Listing updated:

Listed by Jorge A Zea · Blue Lighthouse Realty, INC · MLS #B26074004

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Details at a glance

Interior3 property facts
Heating
Other
Cooling
Ceiling Fan(s), Ductless, Heat Pump
Flooring
Marble, Tile
Building4 property facts
Style
Multi Family
Year built
1958
Parking
8
Roof
Flat, Tar/Gravel
Land & utilities4 property facts
Lot size
0.14 acres
Water
Public
Sewer
Public Sewer
Zoning
RS-8
Financial2 property facts
Annual taxes
$17,014
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $2,600,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$14,565 / monthAdjust
Principal & interest
$13,147
Property tax
$1,418
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $17,014. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1137 SE 6TH Terrace #1-8

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