For Sale
$2,995,000

615 9Th AveFort Lauderdale, FL 33304

Six-unit renovated apartment complex

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully renovated six-unit apartment complex ideally situated in Fort Lauderdale's desirable Victoria Park neighborhood. Priced at $2,995,000, this property comprises two separate buildings, each housing three apartments. Building 615 (folio #494234074180) features two 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit. Building 617 (folio #494234074170) offers two 1-bedroom/1-bathroom units and one studio apartment. All units are fully furnished and equipped for short-term and vacation rentals, maximizing rental income potential. Residents enjoy access to shared amenities including a heated pool, a grill patio, two laundry rooms, and assigned parking spaces. The property boasts impact windows and doors, enhancing security and energy efficiency. An EV charging station adds a modern convenience. Located less than ten minutes from the beach, dining, and parks, this property benefits from a prime location in a high-demand rental area. This turnkey investment is perfect for seasoned investors or those seeking entry into the lucrative Florida real estate market. The property was built in 1957 and is a single-story structure.

Highlights

  • $2,995,000 asking price for a six-unit multifamily property.
  • Located in Fort Lauderdale, FL's Victoria Park neighborhood, less than 10 minutes from the beach.
  • Fully renovated, with six units in two separate buildings (three units per building).
  • Features include a heated pool, grill patio, two laundry rooms, assigned parking, impact windows and doors, and an EV charging station.
  • Unit mix includes two 2-bed/1-bath, one 3-bed/2-bath, two 1-bed/1-bath, and one studio apartment.
  • Fully furnished and equipped for short-term and vacation rentals.

Property Details for 615 9Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1957
Stories
1
Units
6

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1306724
Longitude
-80.1344409
615 9Th Ave, Fort Lauderdale, Florida

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615 9Th Ave
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