MLS # :A12028999 |
Price :$1,475,000 |
Status :
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Listing Date :Jun 01, 2026 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1950 |
Taxes :$18,715 Per Year |
Waterfront :No |
Virtual Tour : |
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Remarks :Exceptional 7-unit multifamily investment east of US-1 in one of Broward's most sought-after rental corridors. Built with concrete block construction and featuring fully renovated interiors, this 100% occupied asset delivers immediate, day-one income of $10,025/month. Located just minutes from Dania Pointe — Broward's premier mixed-use destination with top-tier dining, retail, and entertainment — and 2 miles from Fort Lauderdale-Hollywood International Airport and Port Everglades, the location drives consistent tenant demand and low vacancy. The unit mix of 4 studios and 3 one-bedrooms offers broad renter appeal across market cycles. With most units still sitting below market rate, an investor has clear, low-risk upside through natural lease rollover — no construction, no heavy capital outlay. Bringing rents to market ($1,400 studios / $1,750 one-bedrooms) adds $825/month, nearly $10,000/year in additional NOI, representing an 11.5% blended mark-to-market opportunity. Partnership option available for investors to keep the current loan in place. Great potential upside. Easy to show. Hurry, won't last. |
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Call: 305-998-9922
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