2201 14Th AveWilton Manors, FL 33305

Property Details for 2201 14Th Ave

Year built

1959

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

Exceptional investment opportunity awaits in Wilton Manors, Florida. This meticulously maintained 9-unit apartment building, located at 2201 NE 14th Ave, boasts a desirable address in Broward County (zip code 33305). Built in 1959, the property comprises eight modern one-bedroom, one-bathroom units, each featuring a private backyard patio, and one spacious two-bedroom, one-bathroom unit. Recent upgrades include a brand-new roof, hurricane-proof windows, and a fully completed 40-year recertification. Furthermore, the entire electrical service system has been upgraded for optimal efficiency and safety. All units are currently 100% leased on annual leases, providing immediate and consistent rental income. The property also includes a convenient on-site coin-operated washer and dryer. Central air conditioning is standard in all units. This turnkey investment is situated in a highly sought-after area, offering easy access to a vibrant array of shopping, dining, and entertainment options. The single-story building presents a low-maintenance opportunity with strong potential for future appreciation. The asking price is $2,700,000.

Location Insight

City

Wilton Manors

County

Broward

State

Florida

Latitude

26.1562

Longitude

-80.1298

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