MLS # :A12036651 |
Price :$1,995,000 |
Status :
|
Listing Date :Jun 13, 2026 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1951 |
Taxes :$32,512 Per Year |
Waterfront :No |
Virtual Tour : |
|
Remarks :9-Unit Multifamily with Redevelopment Potential | 37,000 SF Lot Rare opportunity to acquire a 9-unit multifamily property situated on an oversized 37,000-square-foot lot in a rapidly improving corridor near downtown Fort Lauderdale. The property features a desirable unit mix of 3 two-bedroom units and 6 one-bedroom units, with six standalone cottages and three additional detached units, providing strong tenant appeal and operational flexibility. Strategically located just one minute from I-95, approximately 3.5 miles from Las Olas Boulevard and 4.5 miles from Fort Lauderdale Beach, the property benefits from convenient access to major employment centers, dining, entertainment, shopping, and transportation. * 9 income-producing units * Large 37,000 SF development site * Desirable mix of 1-bedroom and 2-bedroom units * Excellent access to I-95, downtown Fort Lauderdale, Las Olas, and the beach * Strong rental demand location * Significant value-add and redevelopment potential Development Opportunity Properties directly across the street have been successfully redeveloped into new-construction townhomes. Based on surrounding development patterns, there may be an opportunity to construct up to nine townhomes of approximately 2,200 square feet each (buyer to independently verify zoning, density, approvals, and development This offering provides investors with the ability to generate cash flow from day one while preserving substantial long-term redevelopment upside |
|
Continue Your Search : |
|
Call: 305-998-9922
Sunny Realty
Disclaimer: Data provided is deemed reliable but not guaranteed. Sunny Realty is not responsible for the accuracy of the information
listed above. The data relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, South East
Florida Regional MLS, presented by Sunny Realty, courtesy of and is provided here for consumers personal, non-commercial use. It may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other
than the office owning this web site are marked with the IDX logo.