Discover an exceptional investment opportunity located in the prestigious poinsettia heights neighborhood. This 8-unit multifamily property, features 7 units with 1 bed and 1 bath and 1 unit with 2 beds and 2 baths, 13 parking spaces, upgraded electrical service, and coin laundry. !6.5./. Cap rate!- with rm-25 zoning, it offers future development potential, including up to 4 luxury townhouses. Perfectly positioned walking distance whole foods, trader joe’s, publix, min drive to the galleria mall, and the beach, this property combines suburban charm with urban convenience, attracting long-term tenants. Ideal for investors seeking consistent income and significant growth potential, this rare gem is offered as-is, cash only. Don’t miss your chance to own in one of south florida’s beauties.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Eyal Halali • Gala Real Estate Services • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$200/ft²
$200/ft²
$300/ft²
$500/ft²
Unit 1708 NE 20th Ave – Asking
$302/ft²
(-3%) from Closed Medium $/ft²
Closed Medium $/ft²
$311/ft²
Community $/Price Range (Closed) $311/ft² – $311/ft²
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Poinsettia Heights Communities in Fort Lauderdale, FL