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1305 SE 1st St

4 Unit Block of Flats £2,051,400 (£512,850/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 £2,051,400
Price Per Unit £512,850
Sale Type Investment
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.15 AC
Building Size 4,219 SF
Average Occupancy 100%
Number of Floors 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)
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.®

zoning

Zoning Code RM-15 (Multi-family)
RM-15 (Multi-family)
  • Listing ID: 31763374

  • Date on Market: 10/05/2024

  • Last Updated:

  • Address: 1305 SE 1st St, Fort Lauderdale, FL 33301

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