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Remarks:Amazing Opportunity – 9 Apartment Units on an Oversized 13,430 SF Lot (0.31 Acres) This is a rare value-add opportunity featuring 9 apartment units situated on an oversized 13,430 SF lot (0.31 acres). The property offers several recent improvements, including impact windows installed by the previous owner and a new roof completed in 2018. Interior finishes include a mix of vinyl flooring and tile flooring throughout the units. In terms of cooling, 2 units have split A/C systems and 7 units have window A/C units. 9 Assigned Parking Spaces Current rents are below market, creating significant upside potential for a new owner. The location is exceptional, and the redevelopment potential is tremendous. According to zoning, the property may allow for the development of a new 5-story multifamily building with up to 15.42 units and approximately 8,774 SF of building area. Investment Highlights: Strong value-add play through rent increases Opportunity to modernize units and significantly boost NOI Large lot offering future redevelopment optionality Located in a prime rental corridor with strong demand fundamentals This creates a rare covered land play — generate income today while planning a future redevelopment exit. You’re not buying into a location — you’re buying into an established urban core. Buyer must independently verify all zoning, density, and development potential with the appropriate zoning department and conduct their own due diligence. |
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Unit:19 |
MLS #:A12003925 |
Price:$2,150,000 |
Status: Active |
Square Footage: Not Available |
County: Broward County |
Price Per Foot:$0 Per Square Foot |
Listing Date:Apr 19, 2026 |
Bedrooms:0 |
Year Built:1951 |
Bathrooms:0 |
Waterfront: |
Taxes: $24,519 Per Year |
Maintenance: Not Available |
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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, 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.
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