725 4Th AveFort Lauderdale, FL 33311

Property Details for 725 4Th Ave

Year built

1962

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional one-story, 1962-built multifamily property located at 725 NW 4th Ave, Fort Lauderdale, FL 33311, presents a compelling investment opportunity. Priced at $900,000, this apartment building offers four units, generating strong rental income. The building is in excellent condition, with all units currently occupied and well-maintained. Three units boast one bedroom and one full bathroom each, while the fourth unit features two bedrooms and two full bathrooms. Current rental rates are below market value, presenting immediate potential for increased revenue. Situated in Broward County, this property benefits from a prime Fort Lauderdale location. The building's solid construction and high occupancy rate make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the Florida market. This is a turnkey operation ready to generate immediate cash flow. The property's strong performance history and potential for future appreciation make it a truly exceptional opportunity. The address is easily accessible and situated in a desirable area of Fort Lauderdale. This is a rare chance to acquire a well-maintained, income-producing property in a thriving market.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1323

Longitude

-80.1481

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