New Pricing, Seller is motivated !
| Website: | https://www.nestseekers.com/5669866 |
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| Address: | Fort Lauderdale, FL 33304 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Lot Size: | 0.2 Acres |
Financials
Price:$3,709,000
Annual Taxes:$54,940
Description
New Pricing, Seller is motivated! Recently appraised at $3.86M, not including furniture and improvements! Discover an exceptional investment opportunity in the heart of Downtown Fort Lauderdale. This new-construction 9-unit multifamily property (built in 2022) offers strong performance, modern finishes, and unmatched flexibility for both short-term and long-term rental strategies.Currently operated as a high-performing Airbnb with 81% occupancy, the property boasts 1,000+ five-star reviews and an impressive 4.8 host rating. The entire Airbnb business profile can be transferred to the buyer, allowing you to step into a fully automated, hassle-free operation and start collecting rental income from Day 1.Investors seeking long-term stability also have the option to convert the property to traditional rentals, achieving a 5%+ cap rate with minimal effort.Additional highlights:- 6% cap rate based on current short-term rental operations- Built in 2022 — modern, low-maintenance construction- Turnkey, all furniture, fixtures, and improvements includedWhether you're looking for reliable cash flow, ease of ownership, or prime real estate in an A+ location, this property delivers exceptional value.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11922150
Amenities
- Fire Alarm
- Fire Sprinkler System
- Smoke Detectors
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of Lokation | |