Apt: 1-8
Fort Lauderdale, FL 33311

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.3 Acres

Financials

Price:$1,325,000
Annual Taxes:$24,734
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of The Alpha Commercial Advisors LLC

PRESENTING AN EFFICIENT 8 UNIT MULTIFAMILY ASSET OFFERING DURABLE IN PLACE CASH FLOW MEANINGFUL UPSIDE NEAR DOWNTOWN FORT LAUDERDALE.

Description

PRESENTING AN EFFICIENT 8-UNIT MULTIFAMILY ASSET OFFERING DURABLE IN-PLACE CASH-FLOW + MEANINGFUL UPSIDE NEAR DOWNTOWN FORT LAUDERDALE....This consistently 100%-occupied income property comprises eight market-rate 1-BR/1-BA residences arranged across four duplex-style buildings—an in-demand configuration offering greater privacy via fewer shared walls, and more predictable ongoing capital requirements. The units have been partially improved, with in-unit washers and dryers installed in half, and a clear opportunity to round out improvements to support continued organic rental growth as the area evolves.In addition to convenient on-site parking, thoughtful features—including individually gated yards for every tenant—create a distinctive living experience within Fort Lauderdale’s traditional rental inventory. Positioned in Historic Dorsey-Riverbend near the Sistrunk Corridor, Flagler Village, Brightline, and Downtown Fort Lauderdale, the property offers connectivity to employment, transportation, entertainment, and continued surrounding investment. Priced-to-sell, this is an ideal opportunity to acquire a manageable, durable cash-flowing asset with consistent occupancy, market-rate income, and a straightforward path to additional value.

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.