824 4Th StFort Lauderdale, FL 33301

Property Details for 824 4Th St

Year built

1960

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

Exceptional investment opportunity: a meticulously renovated six-unit apartment building located at 824 NE 4th St, Fort Lauderdale, FL 33301, in the desirable Victoria Park neighborhood. This one-story, 1960-built property offers a blend of convenience and income potential. The building comprises five one-bedroom, one-bathroom units and one efficiency unit, all featuring brand new kitchens and bathrooms. Recent upgrades include a new roof, impact-resistant windows and doors, and two convenient laundry rooms. Two units boast private, spacious patios. Its prime location offers easy walking access to downtown Fort Lauderdale, Las Olas Boulevard, Fort Lauderdale Beach, and a vibrant array of upscale restaurants, nightlife, museums, waterways, and shopping. The property's proximity to the beach further enhances its appeal. This turnkey property is ideally suited for both short-term vacation rentals (Airbnb-ready) and long-term leasing, presenting a versatile investment strategy. Currently, all units are occupied by annual tenants. The asking price for this exceptional property is $1,500,000. This is a rare opportunity to acquire a high-performing multifamily asset in a highly sought-after location.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.126

Longitude

-80.1345

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