Los Arcos

Highlights:

• Lot Dimension: 141' x 142'
• Annual Tax: $ 50516.19
• Average Occupancy Rate: 95.0
• Gross Income: $ 377089.0
• Appliances: Range / Oven
• Flooring: Mixed
• Fencing: Privacy Fence
• General: Storage Area
• Area Amenities: Area Tennis
• Age: Over 50 Years Old
• Road Type: City / Town Street
• Lot Description: Corner
• Pool Description: Outdoor
• Lot Size: Under 1/2 Acre
• Sewer: City
• Roof: Tar & Gravel
• Heating Type: Forced Air
• Water: City Water

Description:

Coldwell Banker Commercial Realty is pleased to present the exclusive opportunity to acquire Los Arcos, an 18-unit multifamily property in the Harbordale area of Fort Lauderdale. Priced at $4,200,000, the property features a diverse mix of studio, one, and two-bedroom apartments, some with private patios, and a townhouse with its own gated parking. The asset has upside as most rents are under market, and the area is rapidly gentrifying.
The property includes thoughtfully maintained amenities, including a pool, landscaped grounds, and plenty of on-site parking. Units are equipped with individual electric meters, except the studio unit, which is served by the house meter, supporting operational efficiency and tenant satisfaction. Its low-density, non-conforming configuration provides flexibility for long-term investment strategies and value creation.
The property is centrally located in Harbordale, providing convenient access to shopping, dining, and recreational amenities, with strong walkability and proximity to major highways, employment centers, and nearby commercial and infrastructure developments.