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Marshalls Everglade

$925,000

Fort Lauderdale, FL 33312

Active
Last Updated: 04/19/2025

80,460

NOI

1,927 sqft

Building Size

Details:
NOI:    $80,460
Building Size:    1,927 sqft
Units:    1
Year Built:    1957
Floors:    1
Parking Spots:    5
Gross Leaseable Area:    1,927
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Building Features: Laundry Facility
  • Documents Available: Financial Statement, Copy Of Lease(S)
  • Architectural Style: Attached
  • Cooling: Central Air
  • Heating: Central
  • Construction Materials: CBS Construction
Description:

Turn-Key Multifamily Investment in Prime Dania Beach Location! High impact windows and doors. Don’t miss this rare opportunity to own a fully remodeled income-producing property just minutes from everything! Situated on a 11,250 sq ft lot in a highly desirable area, this multi-unit gem offers five fully renovated units with strong rental income. Long-term Total Monthly Income: $8,400. Annual Income: $100,800 long term tenants. Long term tenants Estimated CAP Rate: 8.7% very attractive return, especially for a fully remodeled, income-generating property in a growing area! Daily rentals nightly rate is $450 Annual income potential: $160,000. There’s potential to expand up to the 4,500 sq ft coverage limit, The RS-6 district generally permits structures up to 2 stories or 35 feet in height.

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