Introducing a prime investment opportunity in Fort Lauderdale, FL.
| Website: | https://www.nestseekers.com/5306546 |
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| Address: | Fort Lauderdale, FL 33311 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,299,000
Annual Taxes:$18,479
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
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of The Keyes Company | |
