Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,299,000
Annual Taxes:$18,479
Listing Courtesy of The Keyes Company
Introducing a prime investment opportunity in Fort Lauderdale, FL.
Description
Introducing a prime investment opportunity in Fort Lauderdale, FL. This 6,252 sq ft building, renovated in 2020, is a standout property for investors. With 8 furnished studios and one 2-bed-2-bath units, this asset offers immediate cash flow and 8.5% cap rate at full occupancy (NOI $111,459). Built in 1970 and zoned RDS-15, it presents potential for future development or adaptive reuse. Don't miss out on this sought-after stable and growth positioned multi-family investment in one of Florida's most promising markets: located near Las Olas at the corner of NW 19 St, West of Andrews Ave.
Amenities
- Security Gate
- Security System
- Sewer Available
- Smoke Detectors
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.
