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Five Unit Apartment Building In The Wilton Manors Area

$1,050,000

824 Northeast 16th Street, Fort Lauderdale, FL 33304

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.

Map:
Documents:
Title
824-832_Rent_Roll-P_L.pdf
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Location
Gallery