Multifamily Investment Opportunity – 7 Units in Fort Lauderdale, FL – Immediate Rental Growth Potential

Category: Multifamily

Price:$1,690,000

Location: Fort Lauderdale, FL

Year Built: 1961

Days on Market: 98

Description:

Unlock significant equity in one of Fort Lauderdale’s most sought-after pockets. This 7-unit multifamily asset is the perfect "blank canvas" for an investor looking to capitalize on immediate rental growth or a high-yield hospitality conversion. Current rents are significantly below market. With all tenants on month-to-month leases, a new owner can immediately implement renovations to achieve market-leading ROI. Ideal for a traditional long-term hold or a lucrative Short-Term Rental conversion, given its proximity to the beach and tourist hubs. The 40-year safety certification is complete, offering peace of mind and reducing immediate capital expenditure. Nestled near Coral Ridge Country Club and just minutes from the pristine beaches of Lauderdale-by-the-Sea, major commuter highways, Holy Cross Hospital, within 5–10-minute drive and walking distance to restaurants, shops, schools, and major highways.

Unlock significant equity in one of Ft Lauderdale’s most sought after pockets.This 7unit multifamily asset is the perfect blank canvas for an investor

Listing Code: 1154289474