1401 NE 17TH Court, Fort Lauderdale, FL 33305

Property Description

26-unit multifamily investment opportunity in Fort Lauderdale! Located at 1401 NE 17th Court, this apartment community features all two-bedroom, one-bath residences, a courtyard and an outdoor swimming pool. Current scheduled rents total $52,059 per month, or $624,708 annually. Reported trailing 12-month NOI of $382,468 for November 2025-October 2026 represents an approximately 6.3% cap rate at the $6,110,000 asking price. Offered at $235,000 per unit, with additional income from laundry and application fees. An opportunity to acquire an income-producing apartment community with a consistent unit mix.