$825,000 533 & 535 NW 13th Avenue is a 4-unit multifamily investment in Fort Lauderdale's 33311 submarket, comprised of two side-by-side duplexes on two separate folios. All four units are updated 2BR/1BA apartments with central A/C, updated kitchens and bathrooms, and the property includes six parking spaces. Three units are currently occupied with one vacancy, offering immediate upside from lease-up plus room to raise existing rents to market.At the $825,000 asking price ($206,250/unit), current NOI is $31,600 for a 3.83% cap rate. Bringing all units to market rent of approximately $1,800/unit would grow annual income to $86,400 and NOI to $61,600, a 7.47% cap rate. Convenient access to major roadways, shopping, dining, and employment adds further appeal for investors and tenants alike. A12073375 MLS 533 & 535 NW 13th Avenue is a 4-unit multifamily investment in Fort Lauderdale's 33311 submarket, comprised of two side-by-side duplexes on two separate folios. All four units are updated 2BR/1BA apartments with central A/C, updated kitchens and bathrooms, and the property includes six parking spaces. Three units are currently occupied with one vacancy, offering immediate upside from lease-up plus room to raise existing rents to market.At the $825,000 asking price ($206,250/unit), current NOI is $31,600 for a 3.83% cap rate. Bringing all units to market rent of approximately $1,800/unit would grow annual income to $86,400 and NOI to $61,600, a 7.47% cap rate. Convenient access to major roadways, shopping, dining, and employment adds further appeal for investors and tenants alike. 535 NW 13th Avenue, Fort Lauderdale
$850,000 Excellent opportunity for builders, investors, looking to develop on rapidly developing Sistrunk Blvd. one of Fort Lauderdale upcoming and major developing area. Potential to receive hundreds of thousand from CRA.Included plans for 10 residential units and one ground level commercial unit. The lot is located, minutes to the beach, Las Olas, downtown Fort Lauderdale, top dining, shopping malls and mayor Highways. A12028828 MLS Excellent opportunity for builders, investors, looking to develop on rapidly developing Sistrunk Blvd. one of Fort Lauderdale upcoming and major developing area. Potential to receive hundreds of thousand from CRA.Included plans for 10 residential units and one ground level commercial unit. The lot is located, minutes to the beach, Las Olas, downtown Fort Lauderdale, top dining, shopping malls and mayor Highways. 1102 NW 6th Street, Fort Lauderdale