Great investment opportunity in the vibrant Victoria Park neighborhood of Fort Lauderdale! This spacious fourplex is situated on a large corner lot (6,750 sq ft) and offers a total of 2,534 sq ft of living space. The property consists of four units: one 2-bedroom/2-bath, one 1-bedroom/1-bath, and two studios. Current rents are below market, providing significant upside potential with the opportunity to increase rents by at least 50%. Additionally, there's potential for short-term Airbnb rentals to boost income even further. Each unit has its own private entrance, and the property offers designated parking. Located just one block from Holiday Park and a short walk Las Olas Blvd. Only two miles from Fort Lauderdale Beach. Don’t miss out on this exceptional opportunity!
MLS# | A11706595 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1970 |
Days On Site | 36 |
Listing Provided By | The Brokerage South Florida Real Estate, LLC. | Eli Jacoby |
SQ Feet | 2,534 |
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Story(s) | 1 |
Zoning | RMM-25 |
State | FL |
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County | Broward |
City | Fort Lauderdale |
Zip Code | 33304 |
Area | 3270 |
Subarea | Ft Ldale NE (3240 3270;3350 3380;3440 3450;3700) |
Community Name | PROGRESSO |
Listing VS Median (in PROGRESSO) | |
Price: $1,475,000 low | high Med: $6,000 SqFt: 2,534 low | high Med: 1,515 $ / SqFt: $582 low | high Med: $4 On Site: 36 low | high Med: 490.000000 |