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O'Neil Dayes

odayes@oneildayes.com +1(754) 240-4203

$ 1,550,000

Est. payment | -/mo

6,740 SqFt

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$ 1,550,000

Est. payment | -/mo

Save Virtual Tour

6,740 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,740 sqft

Price per Sqft $229

MLS Listing ID A12081704

HOA Y/N No

Year Built 1958

Annual Tax Amount $19,135

Tax Year 2025

Lot Size 6,740 Sqft

Property Sub-Type Multi Family

Property Description

EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated as short-term rentals, while one 1-bedroom unit is leased long-term at $1,800/month, providing a diversified rental strategy. All five units were renovated within the past three years and are offered fully furnished and equipped, making this a true turnkey investment. The property also features 5 parking spaces, a common laundry area, outdoor patio and BBQ area, tropical landscaping, smart locks, and CCTV surveillance.
Ideally located approximately 3.5 miles from Fort Lauderdale Beach and just 2.3 miles from I-95, with convenient access to Downtown Fort Lauderdale, Las Olas, shopping, dining, entertainment, and major transportation routes. Additional upside potential exists through optimized short-term rental management and further enhancement of the outdoor amenities, including the potential addition of a swimming pool.
A rare opportunity to acquire a renovated, furnished, income-producing multifamily property in one of South Florida's most desirable and active rental markets. Please contact the listing agent to schedule a private showing. Minimum 24-hour advance notice required.

Location

State FL

County Broward

Area 3380

Zoning RMM-25

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Vinyl

Exterior

Exterior Feature Storm/Security Shutters

Roof Type Composition

Total Parking Spaces 5

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Stucco

Others

Restrictions Zoning Restrictions

Tax ID 494234046340

Ownership Limited Partnership

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12081704

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Grand Realty of America, Corp.

NEARBY SCHOOL & BUSINESS

+1(754) 240-4203

odayes@oneildayes.com

7875 NW 57th St # 25497, Tamarac, Florida, 33351, United States

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1017 NE 14th Ave Fort Lauderdale, FL 33304