Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$3,749,000
Annual Taxes:$54,940
Listing Courtesy of Lokation
New Pricing, Seller is motivated !
Description
New Pricing, Seller is motivated! Recently appraised at $3.86M, not including furniture and improvements! Discover an exceptional investment opportunity in the heart of Downtown Fort Lauderdale. This new-construction 9-unit multifamily property (built in 2022) offers strong performance, modern finishes, and unmatched flexibility for both short-term and long-term rental strategies.
Currently operated as a high-performing Airbnb with 81% occupancy, the property boasts 1,000+ five-star reviews and an impressive 4.8 host rating. The entire Airbnb business profile can be transferred to the buyer, allowing you to step into a fully automated, hassle-free operation and start collecting rental income from Day 1.
Investors seeking long-term stability also have the option to convert the property to traditional rentals, achieving a 5%+ cap rate with minimal effort.
Additional highlights:
- 6% cap rate based on current short-term rental operations
- Built in 2022 — modern, low-maintenance construction
- Turnkey, all furniture, fixtures, and improvements included
Whether you're looking for reliable cash flow, ease of ownership, or prime real estate in an A+ location, this property delivers exceptional value.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11922150
Amenities
- FireSprinklerSystem
- SmokeDetectors

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.