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4825 NE 23rd Ave 1-7

fort lauderdale, FL 33308

$1,690,000

  • logodouglas elliman exclusive

INTERESTED? LET'S CONNECT

Unlock significant equity in one of Fort Lauderdale’s most sought-after pockets. This 7-unit multifamily asset is the perfect "blank canvas" for an investor looking to capitalize on immediate rental growth or a high-yield hospitality conversion. Current rents are significantly below market. With all tenants on month-to-month leases, a new owner can immediately implement renovations to achieve market-leading ROI. Ideal for a traditional long-term hold or a lucrative Short-Term Rental conversion, given its proximity to the beach and tourist hubs.
The 40-year safety certification is complete, offering peace of mind and reducing immediate capital expenditure.
Nestled near Coral Ridge Country Club and just minutes from the pristine beaches of Lauderdale-by-the-Sea, major commuter highways, Holy Cross Hospital, within 5–10-minute drive and walking distance to restaurants, shops, schools, and major highways.

lease term

Month-to-month

Details

5,409 Sq Ft

0.32 Private Acres Lot Size

Commercial

$29,759 Annual Tax

Built in 1961

MLS/Listing ID A11975188

1 Stories

Amenities & Features

Heating - Central Electric

Heating - Wall Units

Barrel Roof

Complete Impact Glass

Cooling - Wall/window unit(s)

Tile

Parking - Common

Construction - CBS

estimate my mortgage

TOTAL MONTHLY COST

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Interested in 4825 NE 23rd Ave 1-7?