For Sale
$2,988,000

1740-1746 Dixie HwyFort Lauderdale, FL 33305

Four Luxury Townhomes, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a four-unit townhome complex located in desirable Fort Lauderdale, Florida, at 1740-1746 N Dixie Hwy, zip code 33305. Built in 2008, this three-story building offers four fee-simple townhomes, each boasting three bedrooms (one currently used as a den), 3.5 bathrooms, high ceilings, and impact-rated windows. Modern finishes include stainless steel appliances and granite countertops. Each unit features a private patio, a master suite with a balcony, and a two-car garage. Individual water and electricity meters provide efficient utility management. Currently leased below market rates, this property presents a significant value-add opportunity with substantial potential for increased rental income. The current annual income is $146,400, offering a strong foundation for future growth. This is a rare chance to acquire a well-maintained, no-HOA property in a prime Fort Lauderdale location, promising a compelling return on investment. The property is situated in Broward County and offers a unique blend of luxury and investment potential. This turnkey investment is ready for a discerning buyer seeking immediate cash flow and long-term appreciation.

Highlights

  • $2,988,000 Asking Price
  • Four-unit multifamily apartment building (duplex/triplex/quadruplex)
  • Built in 2008, three stories
  • Located at 1740-1746 N Dixie Hwy, Fort Lauderdale, FL 33305
  • Each unit features 3 bedrooms, 3.5 baths, private patio, 2-car garage, and separate utilities. Currently leased below market rates, offering significant value-add potential. Annual income: $146,400.

Property Details for 1740-1746 Dixie Hwy

Property type
Apartment buildings, Small apartment buildings
Year Built
2008
Stories
3
Units
4

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1511997
Longitude
-80.1317957
1740-1746 Dixie Hwy, Fort Lauderdale, Florida

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1740-1746 Dixie Hwy
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