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

Apt: 1-8
Fort Lauderdale, FL 33311

Listing

Web ID:5761133
Website:https://www.nestseekers.com/5761133

Property

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

Financials

Price:$1,325,000
Annual Taxes:$24,734

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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12093124

Location

Fort Lauderdale FL 33311 USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of The Alpha Commercial Advisors LLC
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