2513 19Th StFort Lauderdale, FL 33311

Property Details for 2513 19Th St

Year built

1962

Construction

CONCRETE

Lot size

0.32 AC

Property size (Sq ft)

5,378 SF

Zone code

B-3

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

49-42-29-04-0750

APU

494229040750

Description

This exceptional multifamily investment opportunity is located at 2513 NW 19th St, Fort Lauderdale, Florida, 33311 in Broward County. Built in 1990, this property boasts a substantial 5,378 square feet of space. The asking price is $1,500,000, presenting a compelling return on investment for savvy buyers. Situated in a prime Fort Lauderdale location, this property offers significant potential for income generation. The property's size and established presence in the market make it an attractive proposition for investors seeking a stable and profitable addition to their portfolio. Detailed financial information and property specifics are available upon request. This is a rare chance to acquire a well-established multifamily property in a thriving Florida market. Don't miss this opportunity to secure a valuable asset in a highly desirable location. Serious inquiries only. Further information regarding the property's financial performance and operational details can be provided to qualified buyers. The property's location offers easy access to major transportation routes, local amenities, and a vibrant community. This is an excellent opportunity for investors seeking a strong, income-producing asset in a high-growth area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,982,633

  6.5%

  $1,830,123

  7%

  $1,699,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,462,592

  Geo Method

  $2,462,592

• Alternative Use

  Use

  Valuation

  Residential

  $1,830,123

  Hospitality

  $1,676,382

  Educational

  $1,394,730

  Medical

  $1,442,698

  Retail

  $2,169,581

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1515

Longitude

-80.1761

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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