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Victoria Park 4 Plex/ Office/ Redevelopment 1207 E Broward Blvd

4 Unit Apartment Building $1,300,000 ($325,000/Unit) Fort Lauderdale, FL 33301

Investment Highlights

  • Multifamily property in town available for future redevelopment.
  • Immediate area experiencing significant redevelopment.
  • Area is zoned for for both office and residential use. Can be converted to office use.
  • Walking distance to Las Olas Boulevard and downtown center.
  • Current rents considerably below market rates.

Executive Summary

For Sale: 4-unit apartment building with redevelopment potential. Zoned RO (Residential Office) on a 6,750 SF land parcel. Unit mix includes 1x 2BR/2BA, 2 efficiencies, and 1x 1BR/1BA. Ideal for constructing a small owner-user office building, offering close proximity to downtown Fort Lauderdale, Las Olas Boulevard, and Flagler Village. Immediate area undergoing extensive redevelopment of both office and residential properties.

Attachments

Brochure

Property Facts

Price $1,300,000
Price Per Unit $325,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 2,391 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1960/2020
Parking Ratio 1.67/1,000 SF
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-02-08-0020
Land Assessment
$202,500
Improvements Assessment
$680,140
Total Assessment
$882,640

zoning

Zoning Code RO (RO- Residential Office City of Fort Lauderdale. Can redevelop as office space)
RO (RO- Residential Office City of Fort Lauderdale. Can redevelop as office space)
  • Listing ID: 29180089

  • Date on Market: 8/3/2023

  • Last Updated:

  • Address: 1207 E Broward Blvd, Fort Lauderdale, FL 33301

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