Rare legal 6 unit multifamily asset in highly desirable Tarpon River, one of Fort Lauderdale s most supply constrained and rapidly appreciating rental markets.


Property

Website:https://www.nestseekers.com/5599947
Address:
Apt: 16
Fort Lauderdale, FL 33315
Ownership: For Sale
Type: Unknown

Financials

Price:$1,749,000
Annual Taxes:$25,710

Description

Rare legal 6-unit multifamily asset in highly desirable Tarpon River, one of Fort Lauderdale’s most supply-constrained and rapidly appreciating rental markets. Strong 2025 income of $195,000. The property features four spacious 1-bedroom/1-bath units and two studio units on an 8,075 SF lot. A major tenant appeal is that all four 1-bedroom units include private fenced backyards, creating a rare single-family-home feel within a multifamily investment.The property is being sold fully furnished, with furniture, appliances and existing operational setup included, allowing a new owner to benefit from income from day one. Extensive renovations and capital improvements were completed in 2018/2019 with permits, enhancing long-term operational stability. The property also features six separate electric meters and one master water meter.Ideally located minutes from Downtown Fort Lauderdale, Las Olas, Brightline, the beaches, airport and major employment corridors, this property offers investors a rare combination of strong in-place income, stable rental demand, future upside and long-term appreciation potential in one of South Florida’s most dynamic urban neighborhoods.

Amenities

  • Cable - Available

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of LoKation

Fort Lauderdale FL 33315 USA