1545 Miami Rd - Apartments FOR SALE


Fort Lauderdale, FL 33316- Downtown Fort Lauderdale
$5,295,000 USD
954-563-6800
1545 Miami Rd, Fort Lauderdale, FL for Sale
$5,295,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1545 Miami Rd
Fort Lauderdale, FL 33316
Downtown Fort Lauderdale


HIGHLIGHTS

  • Great location east of Federal Highway in Harbordale
  • 2 Blocks from SE 17th Street Causeway shopping and dining
  • Minutes from the beach, convention center, airport, Las Olas, Broward Medical Center, and downtown
  • Great mix of unit sizes with a 3 bedroom, 2 bathroom townhouse
  • Security gates and privacy walls create an oasis for the residents
  • Terrific upside potential from below market rents of long term owner

OVERVIEW

Ideal east of Federal Highway location in SE Fort Lauderdale’s Harbordale area! This annual apartment building features a spacious 3 bedroom, 2 bathroom townhome with separate access to gated parking and private courtyard. Main access gates open to beautiful courtyard and pool. Nice mix of 1 & 2 bedroom units with several offering privacy walled patios. Annual residents appreciate the central air conditioning and swimming pool. This well maintained property completed the Building Safety Inspection in July 2024. The long term owner has kept rents below market, so these month to month rentals have very strong upside potential. Fantastic convenience to the beach, airport, convention center, port, Broward Medical Center, and Las Olas. Also within walking distance to Whole Foods and SE 17th St Causeway abundant shopping & dining. Please drive by only and call for an appointment.

FOR SALE DETAILS

PRICE

$5,295,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

18

PRICE/UNIT

$294,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Los Arcos Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

RMM-25

APN/PARCEL ID

50-42-14-03-1880

ASK ABOUT THIS PROPERTY

Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

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Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

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