Fort Lauderdale, FL 33312

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$635,000
Annual Taxes:$7,811
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Optimar International Realty

Outstanding investment opportunity in the desirable Shula Vista area, just a few blocks north of River Run.

Description

Outstanding investment opportunity in the desirable Shula Vista area, just a few blocks north of River Run. This centrally located property offers quick access to I-95 and is only a 20-minute drive to the beach, making it highly attractive. This well-maintained triplex features solid CBS construction and a flat roof approximately 4 years old, providing durability and reduced near-term capital expenses. All units are currently leased to long-term tenants, ensuring immediate and consistent cash flow from day one. Unit Breakdown: - Two spacious 2-bedroom / 1-bath units - One 1-bedroom / 1-bath unit; Three separate electric meters (tenants pay electric) One water meter, Strong rental demand location, Stable tenant history, Low-maintenance construction. Situated on an oversized 7,260 sq ft corner lot, the property offers ample parking space and potential for future improvements or value-add opportunities (buyer to verify). Whether you’re expanding your portfolio or entering the multifamily market, this property presents a solid long-term hold opportunity in a high-demand rental area. Please DO NOT disturb tenants. Showings by appointment only.

Amenities

  • CableNotAvailable
  • ImpactGlass
  • LaundryFacilities
  • LessThanQuarterAcre

Neighborhood

More listings:

Long Island MLS

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.