The property comprises two large units, each with an identical one-bedroom and one-bathroom layout. Each unit has its own driveway and fully fenced in private back yard making this property very attractive and easy to rent. A brand-new roof was installed in October 2024. Additionally, both units have been fully renovated with new kitchen cabinets and countertops, and large white porcelain tile floors. Units 1 is being left vacant for showings and unit 2 houses a long-term tenant, with rents at $1,600 and $1,500, respectively. The total potential monthly rent is $3,200. Tenants are responsible for their own electricity, while the landlord pays water expenses, averaging about $220 monthly. Property is within the CRA Boundary and Opportunity Zone.
Property is ideally located just off of Sistrunk Blvd and new developments including the Adderly and Laramore which are only blocks away along with tons of other new projects along Sistrunk Blvd. Property is close to Downtown Fort Lauderdale, restaurants, amenities, culture, and transportation. These are some of the last remaining affordable housing units that are available in Broward County.
Please refrain from interacting with or disturbing the current tenants. Unit a is unoccupied and can be shown to prospective buyers.