509 19Th StFort Lauderdale, FL 33316

Property Details for 509 19Th St

Year built

1963

Property size (Sq ft)

2,886 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 1-story, 2,886 square foot triplex in desirable Croissant Park, Fort Lauderdale (33316), presents a lucrative investment opportunity. Built in 1963, the property boasts a main house featuring three bedrooms and one bathroom, complemented by two additional studio units. The attractive asking price of $1,174,999 makes this a compelling proposition for discerning investors. Residents and guests can enjoy a refreshing in-ground pool and a relaxing patio area, perfect for enjoying Florida's sunny climate. The property's strategic location offers unparalleled convenience, with easy walking access to a vibrant array of bars, restaurants, and shopping options. Furthermore, its proximity to Fort Lauderdale's airport, seaport, beautiful beaches, the bustling downtown area, and the iconic Las Olas Boulevard ensures high occupancy rates and strong rental demand. This turnkey investment is ready for immediate income generation, offering a blend of comfort, convenience, and significant return potential. The property's solid construction and desirable location contribute to its long-term value and stability, making it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Fort Lauderdale's most sought-after neighborhoods.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.0977

Longitude

-80.1373

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