Apt: 1-7
Fort Lauderdale, FL

Property

Ownership: For Sale
Type: Multi-Family
Bathrooms: 8
Pets: No Pets Allowed
Lot Size: 0.15 Acres

Financials

Price:$2,200,000
Annual Taxes:$28,060.70
505 Park Ave, New York, NY 10022
Listing Courtesy of The Keyes Company

Prime Investment Opportunity in Victoria Park Fully Rented 7 Unit Apartment Building.

Description

Prime Investment Opportunity in Victoria Park - Fully Rented 7‐Unit Apartment Building.Exceptional multi‐family property located in the highly desirable Victoria Park neighborhood, just moments from top-rated shops, restaurants, and vibrant nightlife. This well-maintained 7‐unit building offers a strong rental history and multiple income‐generating possibilities. The property consists of 4 one‐bedroom units, 1 two‐bedroom unit, and 2 efficiencies, all currently rented on annual leases. For added flexibility, the building is also eligible for Airbnb/short‐term rentals, creating an excellent opportunity to maximize revenue. Recent upgrades provide peace of mind for any investor, including a new roof (2022), all new A/C units, and new electric panel features a fenced backyard, where firstfloor tenants can enjoy outdoor living with space for a table, seating, and a barbecue. Ample parking ensures convenience for all residents. Located in one of Fort Lauderdale's most soughtafter neighborhoods, this property offers stable cash flow, future upside, and unbeatable proximity to everything Victoria Park has to offer.

Amenities

  • Cable - Available
  • Fenced Area
  • Kitchen Facilities
  • Private Restrooms

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.