UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,524 sqft
Price per Sqft $584
MLS Listing ID A12028999
HOA Y/N No
Year Built 1950
Annual Tax Amount $18,715
Lot Size 8,375 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Broward
Area 3020
Exterior
Total Parking Spaces 9
Private Pool Yes
Others
Tax ID 514203080320
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12028999
Nearby Locations
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