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About This Property
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.
Property Features
County
Broward County
Section
34
Area
6740
Subdivision
Interior
Cooling
Wall/Window Unit(s)
Bedrooms
Floors
Other, Vinyl
Full Baths
Appliances
Heating
Wall/Window Units
Style
Garage Spaces
Construction/Exterior
Concrete Block Construction, Stucco, Insulated, Sheet Rock
Patio / Deck Description
Exterior
Has a Pool
Possession
Negotiable
Lot Size in Acres
Water
Public
Sewer
Public Sanitation
Lot Size in Sq. Ft.
6740
Has Waterfront
No
Parking Description
Assigned, On Street
View
Has Garage
No
Roof/Attic
Composition Roll
Senior Community
No
Other Utilities
Property Type
Commercial Sale
Pets
Property SubType 2
Income/MultiFamily
Tax Year
2025
Year Built
1958
Tax Amount
$19135
APN
NA
Square Feet Source
NA
Map
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