2300 NW 6th St, Fort Lauderdale, FL

12 Unit Apartment Building | $1,980,000 ($165,000/Unit) | 6.40% Cap Rate | Fort Lauderdale, FL 33311

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,980,000

Property Type
Multifamily
Square Feet
4,497 SF

Listing Contacts

Ethan Krauss
Ethan Krauss
Verified Profile
Ryan Wold
Ryan Wold
Verified Profile
Daniel Dratch
Daniel Dratch
Verified Profile
  • Property Info

Property Overview

Discover an exceptional investment opportunity with this 12-unit multifamily property located in the vibrant heart of Fort Lauderdale. The
building features a diverse mix of six spacious studios and six well-appointed 1-bedroom, 1-bathroom units, designed to cater to a wide
range of tenants.
Situated in a highly desirable area, this property offers easy access to Fort Lauderdale's stunning beaches, upscale shopping, diverse dining options, and major transportation routes. Each unit has been recently updated with modern amenities, ensuring minimal maintenance costs and high tenant appeal.
With competitive rental rates and strong market demand, this property promises attractive returns on investment. Tenants will appreciate the ample on-site parking, proximity to major employers, and the wealth of nearby recreational amenities, from parks to entertainment venues.

Property Details

Class
C
Year Built
1959
Stories
1
Lot Size (sq. ft)
13,504 SF
Units
12

Highlights

  • Unit Mix of (6) 1 Bedroom 1 Bathroom Units and (6) Studios
  • Updated PVC Plumbing and Electric
  • 2021 New Roof
  • Full Remodeled Kitchens and Bathrooms
  • Hurricane Impact Windows

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