1305 SE 1st St
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1305 SE 1st St
4 Unit Apartment Building $2,600,000 ($650,000/Unit) Fort Lauderdale, FL 33301
Investment Highlights
- Conveniently located within 15 min drive from Ft Lauderdale Airport
Executive Summary
This multifamily investment property, priced at $2,600,000, offers a prime opportunity in the apartment sector. Built in 1957, this garden-style apartment complex features 4 units, each averaging a price of $650,000. The property spans 4,219 square feet over two stories and is situated on a 0.15-acre lot. This property offers potential for value addition and steady rental income. The parking ratio of 1.19 per 1,000 square feet ensures adequate parking for residents. This investment is ideal for those looking to acquire a well-located multifamily asset with growth potential in both occupancy and rental rates.
Property Facts
| Price | $2,600,000 | Building Class | C |
| Price Per Unit | $650,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,219 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1957 |
| Apartment Style | Garden | Parking Ratio | 1.19/1,000 SF |
| Price | $2,600,000 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,219 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.19/1,000 SF |
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 1,026 |
Walk Score ®
Walker's Paradise (92)
zoning
| Zoning Code | RM-15 (Multi-family) |
| RM-15 (Multi-family) |
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Elianny Nunez -
Canvas Real Estate
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1305 SE 1st St
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