1305 SE 1st St - Apartments FOR SALE


Fort Lauderdale, FL 33301- Downtown Fort Lauderdale
$2,600,000 USD
914-343-0173
1305 SE 1st St, Fort Lauderdale, FL for Sale
$2,600,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1305 SE 1st St
Fort Lauderdale, FL 33301
Downtown Fort Lauderdale


HIGHLIGHTS

  • Conveniently located within 15 min drive from Ft Lauderdale Airport

OVERVIEW

This multifamily investment property, priced at $2,600,000, offers a prime opportunity in the apartment sector. Built in 1957, this garden-style apartment complex features 4 units, each averaging a price of $650,000. The property spans 4,219 square feet over two stories and is situated on a 0.15-acre lot. This property offers potential for value addition and steady rental income. The parking ratio of 1.19 per 1,000 square feet ensures adequate parking for residents. This investment is ideal for those looking to acquire a well-located multifamily asset with growth potential in both occupancy and rental rates.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$616 USD /SF

# OF UNITS

4

PRICE/UNIT

$650,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,750 SF

ZONING

RM-15

APN/PARCEL ID

49-42-01-05-0240

ASK ABOUT THIS PROPERTY

Elianny NunezCanvas Real EstateMore Info
914-343-0173

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Elianny NunezCanvas Real EstateMore Info
914-343-0173

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