Multifamily building with 7 units is ideally located in one of Ft Lauderdale’s premier rental areas just 10 minutes from the beach! This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market. Completed renovated, fully furnished and equipped apartments with impact windows and doors. All the units are rented, currently operating annually with long term tenants with lease, but they could quick upside potential and be operated as a short-term rental. The building has two studio apartment, four 1-bed apartment and one 2-beds apartment, and a common outdoor living space to enjoy. Parking spaces assigned. Offered at a 9.8% cap rate. Please do not disturb the tenants.
5,904 Sq Ft
Investment
$18,777 Annual Tax
Built in 1957
MLS/Listing ID A11402537
PROGRESSO
1 Stories
7 Units
Listing Courtesy of REDFIN CORPORATION, LINDSAY GARCIA - 954-604-7013
Source of Data: MIAMI ASSOCIATION OF REALTORS