For Sale
$735,000

813 29Th St Fort Lauderdale, FL 33315

Four-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a four-unit apartment building located at 813 SW 29th St, Fort Lauderdale, Florida 33315, in Broward County. Built in 1969, this single-story property offers a rare chance to acquire a multifamily asset in a highly desirable area. The property boasts four units, providing immediate rental income. Four parking spaces are available for residents. A shared laundry room, equipped with a newly purchased coin-operated washer and dryer under warranty, adds convenience for tenants. Operating expenses are low, and the property maintains consistently high occupancy, making it an easily managed investment. The strategic location within five miles of Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, Fort Lauderdale Beach, and major roadways including I-595, I-75, and the Turnpike ensures a constant demand for rental units. This presents an excellent opportunity to increase cash flow by raising rents to market value or exploring alternative income streams such as short-term rentals. Please note that current tenants should not be disturbed.

Highlights

  • Four-unit apartment building at 813 SW 29th St, Fort Lauderdale, FL 33315.
  • Built in 1969, single-story construction.
  • Four parking spaces and a shared laundry room with new coin-operated appliances.
  • High occupancy and low operating expenses.
  • Excellent location near Las Olas Boulevard, FLL Airport, and major highways.

Property Details for 813 29Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1969
Stories
1
Units
4

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.088381
Longitude
-80.1513582
813 29Th St, Fort Lauderdale, Florida

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, prime location.
Where is the apartment building located?
The property is located at 813 29Th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Four-unit apartment building at 813 SW 29th St, Fort Lauderdale, FL 33315.; Built in 1969, single-story construction.; Four parking spaces and a shared laundry room with new coin-operated appliances.
How can I contact the broker?
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813 29Th St
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