Commercial property in Fort Lauderdale, Florida № 2194265

Property description

Offering the only 16-unit multifamily in this submarket that has ALL 2 BEDROOM/1BATH. There are two buildings, 8 units each, two-story garden style low rise in a booming location. 2.5 parking spaces per unit, and on site coin laundry. Roof was completed in 2023 with transferable warranty. The building is fully occupied under a master lease with flexible termination. Master lease rents avg. $1,350-$1,450/month—about 18% below market, offering strong upside for the right investor. Prime location near US-1, Brightline, FLL Airport, and downtown Fort Lauderdale.