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

This exceptional six-unit apartment building, located in Fort Lauderdale's desirable Victoria Park neighborhood at 824 NE 4th St, 33301, presents a compelling investment opportunity. Built in 1960, this single-story property has undergone a complete renovation, boasting six units: five one-bedroom, one-bathroom apartments and one efficiency unit. All kitchens and bathrooms are brand new, and the property features a new roof and impact-resistant windows and doors. Two laundry rooms cater to residents' convenience, and two units offer the added benefit of private, spacious patios. Its prime location offers easy walking access to downtown Fort Lauderdale, Las Olas Boulevard, and Fort Lauderdale Beach, placing residents near upscale restaurants, vibrant nightlife, museums, waterways, and shopping. The property's proximity to the beach further enhances its appeal. This turnkey property is ideally suited for Airbnb and short-term vacation rentals, presenting significant potential for maximizing income. Currently, all units are occupied by annual tenants. The asking price for this exceptional investment is $1,500,000.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.126

Longitude

-80.1345

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