New listing – prime multifamily investment opportunity in fort lauderdale
discover an exceptional chance to secure a profitable asset in a rapidly developing neighborhood. This property features two standalone buildings, each offering two spacious 2br/2ba units (four total). Currently generating $90k+ in annual income and approximately $70k in noi (a 6%+ cap), this investment has clear upside potential with nearby comps suggesting $110k+ in possible annual income after upgrades.each building boasts 1,502 sf of well-maintained living space, set on a combined 9,220 sf lot. Surrounded by new developments in a gentrifying location, this is a rare opportunity to add value through modern renovations and strategic improvements.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Rosa Poler • Optimar International Realty • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$100/ft²
$300/ft²
$700/ft²
$1,100/ft²
Unit 1185 SW 16th Ave – Asking
$759/ft²
(+100%) from Closed Medium $/ft²
Closed Medium $/ft²
$380/ft²
Community $/Price Range (Closed) $212/ft² – $923/ft²
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