Commercial property in Fort Lauderdale, Florida № 2194266

Property description

AVALIABLE FOR SALE OR LEASE. Offering the only 16-unit multifamily in this submarket with ALL 2 BEDROOMS/1 BATH. Plenty of parking 2.5 spaces per unit and Fully occupied under a master lease with flexible termination. The property has a yard area, with on site laundry. Current rent avg. $1,350-$1,450/month—which is 18% below market, offering strong upside for the right investor. Roof replaced in 2023, along with minor upgrades. Located 9 min from FTL airport, and a mile from the marina.