Duplex sitting on 2 Folios. Surrounded mainly by 1 owner redevelopment Land in the heart of Ft Lauderdale. Great Opportunity to buy, hold, carry all cost with income from Duplex and later redevelop or sell to Developer at premium. All units currently Vacant. Please serious cash buyers inquires only. call 954 702 1975 EMAIL FOR MORE INFO Owner will Fix Up rent out and sell duplex at 6 cap for $345,000.00.
Unbelievable location in down town Fort Lauderdale. Large fully rented 14 unit building. 12- 2 bed 1 bath units and 2- 1 bed 1 bath units.
Development potential is huge nearly an Acre of gross land area at 15 units per acre. RD-15 Zoning City of Wilton Manors. Waterfront property with potential for 3 story townhouse project. Owner is Architect and has full site plan review package prepared ready to submit and will provide assistance with site plan approval after closing for a fee.
7 unit multifamily building in corner location. The asset was built in 1962 and consist of 3,868 square foot corner lot. This rental property with four 2BD/1BA units and three 1BD/1BA units , situated by the public school in a quiet neighborhood had a 2006 totally renovated roof, tile floors, update kitchens, window Air Conditioners that have less than 2 years old, 3 of them were recently replaced. The tenants have month to month leases. The property provides investors an opportunity to own a cash flowing asset with a going in 7.58 % cap rate on the actual rentals and over 8.85% cap rate on the market rent rates. With very low vacancy indicators, coupled with a strong rental growth, has an estimate of 8.91 % GRM. While providing working class affordable housing, for the community it is also a turnkey investment that offers the savvy investor significant upside and stabilized cash flow.
Offering an ultra desirable mix of prime location, completely renovated modern interiors, and immense curb appeal, Newcastle apartments is an unparalleled, fully stabilized, turnkey investment opportunity in one of the country' s highest demand rental markets. Multifamily rental demand in South Florida is historically very strong, and in recent years Class B and C sectors has been further bolstered by sustained population growth and the addition of thousands of new Class A multifamily units. Current land costs dictate that rental rates on new construction are significantly higher and as such are more exposed to fluctuations in the rental market. Newcastle offers an ideal combination of affordability and amenities to both investors and tenants alike in all market conditions. Even in economic downturns, it is relatively easy to maintain stable 100% occupancy in this sector.
Capital Commercial Real Estate Group is pleased to offer a unique investment opportunity to acquire 52 rental streams of income from 27 single family homes, 3 duplexes, 2 triplexes, 2 fourplexes and one five unit building located in bustling Broward County in the famous City of Fort Lauderdale. This portfolio offering provides an opportunity to allow an investor to diversify, while gaining economy of scale in a product starved market. The portfolio is usually 100% leased. The entire portfolio generates a net operating income of $473,179. With some minor sprucing up, it is our opinion that rents could be increased by at least 9.5% which equals upside in the amount of $668,838. In view of the fact that 32 of the 52 tenant' s rent is guaranteed by Section 8, collections are a breeze.
1 Bedroom/ 1.5 Bath Condo located in Versailles Gardens in the City of Tamarac, Located on a Golf Course . Upgrated kitchen, nice living room space with a Pool, Clubhouse, and Tennis Courts. Close to Shopping, Major Roadways, Hospitals, Schools & Houses of Worship
With 100ft Frontage On SE 24th St. (SR 84) & 200ft Frontage on SE 23rd St., Adjacent to the East side of the Crown Plaza Hotel & Across from Port Everglades, sits 1 Acre of Land with 2 existing bldgs.: 6,865sf 2-story building & the other is a triplex. In the midst of the FLL Airport & Port Everglades expansion with Incredible Exposure & Signage Visible from S.R.84 & U.S. 1. *See Attached Link for more information on how The expansion of FLL and Port Evergaldes adds to this a phenomenal location!!
RARELY AVAILABLE & COMPLETELY REMODELED 14 UNIT (1 BED-1 BATH) APARTMENT BUILDING FOR SALE IN THE BEAUTIFUL SEASIDE RESORT TOWN OF LAUDERDALE BY THE SEA** EASY TO RUN**NICE UPSIDE POTENTIAL FOR HIGHER RENTS**OPERATING ANNUALLY WITH POTENTIAL TO RENT SEASONALLY FOR HIGHER REVENUE**WALK TO BEACH-ATLANTIC FISHING PIER, RESTAURANTS & LOCAL ENTERTAINMENT**17 DEDICATED PARKING SPACES WITH AVAILABILITY OF PURCHASING PARKING PASSES FROM THE TOWN OF LAUDERDALE BY THE SEA FOR ADDITIONAL PARKING LOCATED NEXT TO PROPERTY**