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Multifamily Property – 8 Units in Fort Lauderdale, FL – Prime Development Opportunity in Progresso Village

Commercial Sale

Category: Multifamily

Price:$2,049,000

Location: Fort Lauderdale, FL

Year Built: 1974

Days on Market: 99

Description:

This 8-unit renovated property presents a strong investment opportunity with existing cash flow, potential for rental growth, and future appreciation as the area transitions to higher-density zoning. The demand for multifamily units in Fort Lauderdale continues to rise, making this a solid long-term hold investment. This is an excellent opportunity to develop and hold a multifamily asset in Progresso Village, a prime location off Andrews Ave and Sunrise Blvd in Fort Lauderdale.

Excellent opportunity to develop and hold a multifamily asset in Progresso Village prime location off Andrews Ave & Sunrise Blvd in Fort Lauderdale.

Listing Code: 1107032790