Description
Amazing opportunity to purchase a turnkey 5 units multi-family apartment building. *Could easily be converted to 6 units* Located in highly desired Lakeridge neighborhood. Just 1.5 miles to Fort Lauderdale Beach! All new hurricane impact windows! All units have been completely renovated: New kitchens! New bathrooms! New flooring! New mini split AC units! New appliances! Washer/Dryer room ready for additional income potential. Privacy fence and assigned yard space for each unit. Next to a vacant lot with future development potential. Run it as an Airbnb and enjoy over 10%+ CAP Rate.. Current asking price reflects almost 6% NET Cap rate! Don't wait, this one won't last! So much opportunity! 5 parking spaces and additional off-street parking. Call now to submit your offers!!
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MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 9th June, 2023 8:50 PM (UTC)
Listing Office: MLS Brokers LLC
