2901 Middle River Drive
$2,995,000
2901 Middle River Drive, Fort Lauderdale, FL 33306
For Sale
Multifamily
Active
Last Updated: 02/27/2025
8,483 sqft
Building Size
22,496 sqft
Lot Area
Details:
Building Size: 8,483 sqft
Lot Area: 22,496 sqft
Units: 16
Year Built: 1957
Zoning: RMM-25
Floors: 2
Parking Spots: 20
Roof: []
Floor: ["Tile"]
Cooling: []
GrossIncome: $299,006
Description:
Located east of Federal Hwy in prestigious Coral Ridge this is an ideal investment size. Two buildings side by side(2901 & 2809) making an expansive garden style complex. High walkability score and superior convenience withjust two blocks to Coral Ridge Mall (Publix, TJ Maxx, Target, AMC Theatre) and local bus lines. Tenants enjoy thenearby beach as well as easy access to I-95. Quality remodeling completed with premium tile flooring, newcabinetry, impact windows & doors, & more. New tile roofs in 2011. Comparables show rents are below market.At $187,188/unit this is the best value in the area! Please do not disturb the tenants.
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