Multifamily

Located in the vibrant city of Fort Lauderdale, the area surrounding the property offers a dynamic and thriving environment for office and office building investors. With its proximity to the Fort Lauderdale Beach, Las Olas Boulevard, and the bustling downtown district, investors are presented with an unmatched opportunity to capitalize on the area's high desirability. The location also provides convenient access to numerous dining, shopping, and entertainment options, making it an ideal choice for businesses and professionals seeking a prime and alluring office location. With its strategic positioning in this sought-after locale, the property is poised to attract and accommodate a wide range of tenants.This remarkable multifamily property offers a blend of impeccable location and income-generating potential in the center of Fort Lauderdale. It offers 7 conforming units with an additional non-conforming unit. The versatile layout includes 3 studio apartments, 3 1-bedroom/1-bath units, and a spacious 3-bedroom/2-bath residence, accommodating everyone from young professionals to families seeking ample living space. Positioned within close proximity of Fort Lauderdale’s renowned beaches, eclectic dining, and bustling shopping hubs, this property stands as a coveted address for investors. This fully-leased multifamily asset stands as a premier income-generating opportunity, anchored by a solid base of long-term, quality tenants. Beyond stable rental income, the property also benefits from an additional passive revenue stream through its on-site, coin-operated laundry facility, offering investors a consistent boost to overall cash flow. Recently upgraded, this asset received a brand-new roof in 2024 and the installation of impact-resistant windows and doors in 2023. Designed to optimize profitability with minimal oversight, the recent enhancements and consistent tenant base make it an improved investment, with reliable, diversified income streams, enhancing its potential as a passive, income-generating asset in a prime rental market. Positioned in a prime Fort Lauderdale location, it’s close to major thoroughfares like US1 and Sunrise Blvd, placing tenants within minutes of the Studio City, Downtown Fort Lauderdale, the dynamic Searstown redevelopment, and planned FAT Village redevelopment.. Just a short drive from Fort Lauderdale Beach, this property offers convenience and lifestyle appeal that attract quality tenants and maintain high occupancy. This property combines a stabilized income with high-demand features, making it a valuable addition to any investment portfolio. The rare opportunity presents an exceptional chance to secure steady returns in a prime, high-demand location where urban convenience meets coastal charm.