The Apartments at Poinciana Park

Highlights:

• Prime Central Fort Lauderdale Market
• 10,713 SF building
• 16 units- 2Bed/1 Bath
• 100% occupancy
• Laundry on-site
• Renovated in 2020
• Fenced in Backyard area
• 20 Parking spaces
• 5 Minutes from Brightline
• 9 Minutes from FTL International airport

Description:

Presenting an exceptional investment opportunity in the heart of Fort Lauderdale. 101-105 SE 26th Street is an income producing well- maintained 2-story multifamily low-rise apartment building in Poinciana Park. This 10,713 SF property boasts 16 modernized two-bedroom, one-bathroom units, each with 2.5 parking spaces per unit. Built in 1972, last inspected in 2023, and roof repaired in 2020, the property is fully occupied under a master lease, offering a 90-day termination clause suitable for stabilized or value-add investors. This prime location offers easy access to the downtown financial district, beach, hospitals, and major highways.

The Apartments at Poinciana Park, nestled in the heart of Fort Lauderdale, FL. This thriving area offers a perfect blend of urban convenience and coastal charm, attracting both residents and visitors. Just minutes away, residents can enjoy Fort Lauderdale Beach, Las Olas Boulevard with its eclectic mix of shops and restaurants, and the trendy Flagler Village arts district. The location provides easy access to major highways and public transportation, making it an ideal choice for multifamily and low-rise/garden investors looking to capitalize on the growing demand for urban living.

400l, 10, 120/240 V