$1,550,000

Quadruplex In Fort Lauderdale

  • Updated: Today
  • Source:
    MIAMI REALTORS MLS  MLS#A12110633

About the Property

EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated
EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated as short-term rentals, while one 1-bedroom unit is leased long-term at $1,800/month, providing a diversified rental strategy. All five units were renovated within the past three years and are offered fully furnished and equipped, making this a true turnkey investment. The property also features 5 parking spaces, a common laundry area, outdoor patio and BBQ area, tropical landscaping, smart locks, and CCTV surveillance. Ideally located approximately 3.5 miles from Fort Lauderdale Beach and just 2.3 miles from I-95, with convenient access to Downtown Fort Lauderdale, Las Olas, shopping, dining, entertainment, and major transportation routes. Additional upside potential exists through optimized short-term rental management and further enhancement of the outdoor amenities, including the potential addition of a swimming pool. A rare opportunity to acquire a renovated, furnished, income-producing multifamily property in one of South Florida’s most desirable and active rental markets. Please contact the listing agent to schedule a private showing. Minimum 24-hour advance notice required.
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  • Property type

    Other

  • Floors

    1

  • Year built

    1958

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1017 NE 14th Ave, Fort Lauderdale, Florida, United States View on Google Maps
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Grand Realty of America, Corp. - North Miami Beach

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Grand Realty of America, Corp. - North Miami Beach
Florida, United States
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21
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2025
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Grand Realty of America, Corp. - North Miami Beach
North Miami Beach, Florida, United States
View agency profile
Last updated
Today
First listed
October 28
Listing reference
A12110633
Listing status
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