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-month5,409 Sq Ft
0.32 Private Acres Lot Size
Commercial
$29,759 Annual Tax
Built in 1961
MLS/Listing ID A11975188
1 Stories
Heating - Central Electric
Heating - Wall Units
Barrel Roof
Complete Impact Glass
Cooling - Wall/window unit(s)
Tile
Parking - Common
Construction - CBS
TOTAL MONTHLY COST
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