Commercial property in Fort Lauderdale, Florida 258.18 sq.m. № 2169431

Property description

This Victoria Park fourplex features three one-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, offering a strong income stream with significant upside potential. Units 1, 2, and 3 have generated over $51,000 in actual revenue year-to-date. There is clear room to maximize total cash flow to current market rates, with projected proforma rents at $2,500 per month for the one-bedroom, one-bathroom layout in Unit 3, and $4,000 per month for the spacious owner-occupied layout in Unit 4. Located just minutes from Las Olas, downtown Fort Lauderdale, and the beach. The property is being sold strictly as-is.