813 29Th StFort Lauderdale, FL 33315

Property Details for 813 29Th St

Year built

1969

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a four-unit apartment building located at 813 SW 29th St, Fort Lauderdale, Florida 33315, in Broward County. Built in 1969, this single-story property offers a rare chance to acquire a multifamily asset in a highly desirable area. The property boasts four units, providing immediate rental income. Four parking spaces are available for residents. A shared laundry room, equipped with a newly purchased coin-operated washer and dryer under warranty, adds convenience for tenants. Operating expenses are low, and the property maintains consistently high occupancy, making it an easily managed investment. The strategic location within five miles of Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, Fort Lauderdale Beach, and major roadways including I-595, I-75, and the Turnpike ensures a constant demand for rental units. This presents an excellent opportunity to increase cash flow by raising rents to market value or exploring alternative income streams such as short-term rentals. Please note that current tenants should not be disturbed.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.0884

Longitude

-80.1514

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