$1,475,000
For Sale
Type:Multi-Family
Structure:4 Family
Zone:Commercial

Description

Great investment opportunity in the vibrant Victoria Park neighborhood of Fort Lauderdale! This spacious fourplex is situated on a large corner lot (6,750 sq ft) and offers a total of 2,534 sq ft of living space. The property consists of four units: one 2-bedroom/2-bath, one 1-bedroom/1-bath, and two studios. Current rents are below market, providing significant upside potential with the opportunity to increase rents by at least 50%. Additionally, there's potential for short-term Airbnb rentals to boost income even further. Each unit has its own private entrance, and the property offers designated parking. Located just one block from Holiday Park and a short walk Las Olas Blvd. Only two miles from Fort Lauderdale Beach. Don’t miss out on this exceptional opportunity!

  • Property Details
      • Lot DescriptionLess Than 1/4 Acre Lot
      • CountyBroward County
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeQuadruplex
      • SubdivisionPROGRESSO
      • MLS #A11706595
      • MLS #A11706595
      • Structure TypeFourplex
      • Cost1475000
      • Exterior MaterialsOther
      • Square Feet2534
      • Year Built1970
      • Stories1

Location

Nirmala EmaniReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00