Excellent investment opportunity in desirable Fort Lauderdale! This well-maintained five-unit property features four 1-bedroom 1-bathroom apartments and a separate rear studio with a full kitchen. Established rental income for years. Recent improvements include a new roof 2026. Ideally located just minutes from Fort Lauderdale Beach, shopping, restaurants, the airport, and major highways. Exceptional added value with potential for future redevelopment or new construction, subject to zoning and applicable approvals. Existing property survey available. An ideal opportunity for investors, builders, and developers seeking immediate rental income with significant future upside. Rare opportunity to acquire a five-unit income-producing property with additional land value and future development potential. Ideal for investors looking to continue operating as a multifamily rental property or builders and developers exploring redevelopment possibilities. Property is currently configured as four 1-bedroom/1-bathroom units and one rear studio with a full kitchen. New roof. Buyer to independently verify zoning, permitted density, redevelopment potential, building requirements, and all applicable approvals with the appropriate authorities. Excellent location with convenient access to beaches, shopping, dining, airport, and major roadways.
| Listing ID: | B26099571 |
|---|---|
| List Price: | $945,000 |
| Property Type: | Commercial/Industrial |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Half: | 0 |
| Tax Annual Amount: | $15,193 |
| Lot Size Square Feet: | 6,150 |
| Lot Size Acres: | 0.14 |
| Waterfront?: | No |
| City: | Fort Lauderdale |
| County Or Parish: | Broward County |
| Postal Code: | 33316 |
| Year Built: | 1974 |
| Number Of Units Total: | 5 |
| Association?: | No |
| Cooling: | Central Air |
| Electric: | Other Electric, Separate Meters |
| Flooring: | Tile |
| Heating: | Central |
| Insurance Expense: | $3,300 |
| Listing Contract Date: | 2026-11-11 |
| Lot Features: | Less Than 1/4 Acre Lot, Less Than 1 Acre |
| Status: | Active |
| Other Expense: | $1,000 |
| Parking Features: | Assigned |
| Parking Total: | 5 |
| Postal Code Plus4: | 2920 |
| Sewer: | Public Sewer, Public Sanitation, Sewer |
| State Or Province: | FL |
| Stories: | 1 |
| Water Source: | Public |
| Bathrooms Total Integer: | 0 |
| Building Area Source: | Appraisal |
| Building Area Total: | 2458 |
| Building Area Units: | Square Feet |
| Construction Materials: | CBS Construction |
| Cooling?: | Yes |
| Current Financing: | Cash |
| Electric On Property?: | Yes |
| Gross Income: | $92,000 |
| Gross Scheduled Income: | $92,000 |
| Heating?: | Yes |
| Horse?: | No |
| Inclusions: | Building Only, Business And Building |
| Levels: | 1 |
| Listing Terms: | All Cash, Conventional |
| Living Area Units: | Square Feet |
| Lot Size Units: | Square Feet |
| Net Operating Income: | $71,000 |
| New Construction?: | No |
| Number Of Buildings: | 1 |
| Number Of Units In Community: | 5 |
| Operating Expense: | $21,000 |
| Original List Price: | $945,000 |
| Parcel Number: | 504214032710 |
| Pool Private?: | No |
| Possession: | Funding, Long Closing Preferred, Negotiable |
| Roof: | Comp Shingle Roof, Shingle |
| Security Features: | Other Fire Protection, Other |
| Sign On Property?: | No |
| Special Listing Conditions: | Sale |
| Stories Total: | 1 |
| Structure Type: | Multi Family |
| Tax Year: | 2026 |
| Total Actual Rent: | $92,000 |
| Trash Expense: | $1,000 |
| Utilities: | Cable Connected, Electricity Connected, Other Utilities Available, Water Connected, Cable Available, Electricity Available, Other, Water Available |
| View?: | No |
| Zoning: | RMM-25 |
| AreaMiamire Area: | 3600 |
| Ok To Advertise ListMiamire Ok To Advertise List: | No |
Listing Courtesy of: LoKation
jayzina.ftlrealty@gmail.com
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Copyright 2026 MIAMI REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIAMI REALTORS® MLS data last updated on November 13, 2026 03:07 AM - ET
Property Last Updated: November 13, 2026 03:07 AM - ET
