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146-148 NW 40th Ct
Fort Lauderdale, FL 33309

$4,900,000 USD

Apartments For Sale  •  18,640 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,056 SF
  • Lot Size 0.98 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 5.70 %
  • Zoning RM-16
30 Transit Score
70 Walk Score

Highlights

All two-bedroom / one-bathroom apartments
Onsite property-owned laundry facilities
Large open courtyards
Central and wall unit air-conditioning, Ceramic tile flooring throughout
Most roofs replaced in past six years, All interior and exterior electric panels replaced
Lots of parking for residents and guests

Property Flyers

Financial Summary (Actual)

Net Operating Income: $279,089 USD (2026)
Cap Rate: 5.70 %
Total Expenses: $212,341 USD

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 2.3 mi
Fort Lauderdale (Mainline - Brightline) 8 min - 3.9 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 18 min - 10.9 mi
Miami International 55 min - 36.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Evan Kristol 954-245-3459 Marcus & Millichap
Evan Kristol 954-245-3459 Marcus & Millichap