4825 NE 23rd Ave
$1,690,000
4825 NE 23rd Ave, Oakland Park, FL 33308
5,409 sqft
Building Size
7
Units
Details:
Highlights:
- Building Features: Laundry Facilities, Storage
- Number Of Buildings: 1
- Documents Available: Aerial Photo(S), Owner Managed, Rent Rolls
- Cooling: Wall/Window Unit(s)
- Heating: Central Electric, Wall/Window Units
- Flooring: Tile
- Construction Materials: Concrete Block Construction, CBS Construction
- Parking Features: Common
Description:
Unlock significant equity in one of Fort Lauderdale’s most sought-after pockets. This 7-unit multifamily asset is the perfect "blank canvas" for an investor looking to capitalize on immediate rental growth or a high-yield hospitality conversion. Current rents are significantly below market. With all tenants on month-to-month leases, a new owner can immediately implement renovations to achieve market-leading ROI. Ideal for a traditional long-term hold or a lucrative Short-Term Rental conversion, given its proximity to the beach and tourist hubs.
The 40-year safety certification is complete, offering peace of mind and reducing immediate capital expenditure.
Nestled near Coral Ridge Country Club and just minutes from the pristine beaches of Lauderdale-by-the-Sea, major commuter highways, Holy Cross Hospital, within 5–10-minute drive and walking distance to restaurants, shops, schools, and major highways.
Location
Gallery
