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Tarpon River duplex 638 SW 5th Ave

2 Unit Apartment Building $1,169,000 ($584,500/Unit) 5.13% Cap Rate Fort Lauderdale, FL 33315

Apartment Buildings Florida Fort Lauderdale 638 SW 5th Ave, Fort Lauderdale, FL 33315

Investment Highlights

  • Near Las Olas.
  • Convenient access to major highways.
  • Close to Airport.
  • Located in the heart of downtown Fort Lauderdale.

Executive Summary

$1,169,000 property available for sale.

Property Facts

Price $1,169,000 Apartment Style Single Family Home
Price Per Unit $584,500 Building Class C
Sale Type Investment Lot Size 0.17 AC
Cap Rate 5.13% Building Size 1,895 SF
Sale Conditions 1031 Exchange No. Stories 1
No. Units 2 Year Built/Renovated 1958/2023
Property Type Multifamily Parking Ratio 2.11/1,000 SF
Property Subtype Apartment
Price $1,169,000
Price Per Unit $584,500
Sale Type Investment
Cap Rate 5.13%
Sale Conditions 1031 Exchange
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.17 AC
Building Size 1,895 SF
No. Stories 1
Year Built/Renovated 1958/2023
Parking Ratio 2.11/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • Picnic Area
  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 2 $3,500 1,895
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638 SW 5th Ave, Fort Lauderdale, FL - aerial map view
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (71)
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.®
Learn How It Works Detailed Scores

zoning

Zoning Code RD-15 (RESIDENTIAL SINGLE FAMILY AND DUPLEX/MEDIUM DENSITY)
RD-15 (RESIDENTIAL SINGLE FAMILY AND DUPLEX/MEDIUM DENSITY)
(954) 258-1435

Contact

  • Listing ID: 31856002

  • Date on Market: 5/18/2024

  • Last Updated:

  • Address: 638 SW 5th Ave, Fort Lauderdale, FL 33315

More public record information on 638 SW 5th Ave, Fort Lauderdale, FL 33315

The Tarpon River Multifamily Property at 638 SW 5th Ave, Fort Lauderdale, FL 33315 is currently available. Contact RE/MAX for more information.

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Tarpon River duplex | 638 SW 5th Ave
(954) 258-1435 x

Tarpon River duplex | 638 SW 5th Ave

Brian McCarthy

(954) 258-1435

(954) 258-1435

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