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MLS # :A11753988 |
Price :$1,950,000 |
Status :
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Listing Date :Feb 28, 2025 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1974 |
Taxes :$23,170 Per Year |
Waterfront :No |
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Remarks :Legal 8-Plex Investment Opportunity with Vacation Rental Income and Development Potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8-plex features a 3-bed/1-bath detached home and 7 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 3 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML-25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction. |
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Call: 305-998-9922
Sunny Realty
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Sunny Isles Beach, FL 33160
Tel.
1-(305) 998-9922
Email. Info@SunnyRealty.com
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