Five Unit Apartment Building In The Wilton Manors Area
$1,050,000
824 Northeast 16th Street, Fort Lauderdale, FL 33304
For Sale
Multifamily
Active
Last Updated: 05/12/2025
5
Cap Rate
100
Occupancy
Details:
Cap Rate: 5%
Occupancy: 100%
Class: C
Units: 5
Price Per Unit: $220,000
Floors: 1
Parking Spots: 8
Roof: New Shingle
Investment Strategy: Value Add
Highlights:
- Brand New Roof (August 2024)
- New Exterior Paint (September 2024)
- Fully Turnkey Property
- Upside on Rents
Description:
Five Unit Apartment Building For Sale. Corner Lot Off Dixie Highway. Four 1/1-Units & One-2/2 Unit. Brand New Roof (August 2024). New Exterior Paint (September 2024). Recent Parking Lot Repairs (September 2024). Coin Operated Laundry Onsite. Principals Only. No Broker Participation.
Documents:
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824-832_Rent_Roll-P_L.pdf
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