Commercial property in Fort Lauderdale, Florida 324.32 sq.m. № 2334671

Property description

3 Unit apartment building. 1/1, 2/2 and 3/3. Walking distance to Las Olas. 100K of recent major renovations (Roof, HVAC, Electrical, Plumbing, Etc). For an investor, the appeal here is optionality. The building performs today as a stabilized long-term rental producing $98,400 in annual gross income. It also sits in a location that support licensed vacation rental use and estimated 170K in Airbnb revenue.