1207 E Broward Blvd - Apartments FOR SALE


Fort Lauderdale, FL 33301- Downtown Fort Lauderdale
$1,300,000 USD
954-652-2005
1207 E Broward Blvd, Fort Lauderdale, FL for Sale
$1,300,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1207 E Broward Blvd
Fort Lauderdale, FL 33301
Downtown Fort Lauderdale


HIGHLIGHTS

  • Multifamily property in town available for future redevelopment.
  • Walking distance to Las Olas Boulevard and downtown center.
  • Immediate area experiencing significant redevelopment.
  • Current rents considerably below market rates.
  • Area is zoned for for both office and residential use. Can be converted to office use.

OVERVIEW

For Sale: 4-unit apartment building with redevelopment potential. Zoned RO (Residential Office) on a 6,750 SF land parcel. Unit mix includes 1x 2BR/2BA, 2 efficiencies, and 1x 1BR/1BA. Ideal for constructing a small owner-user office building, offering close proximity to downtown Fort Lauderdale, Las Olas Boulevard, and Flagler Village. Immediate area undergoing extensive redevelopment of both office and residential properties.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Victoria Park 4 Plex/ Office/ Redevelopment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RO

APN/PARCEL ID

50-42-02-08-0020

ASK ABOUT THIS PROPERTY

Steve HyattONE Commercial Real EstateMore Info
954-652-2005

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Steve HyattONE Commercial Real EstateMore Info
954-652-2005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.