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2107 SW 18th Ave - River Oaks Duplex

2 Unit Apartment Building Offered at £1,337,355 at a 5.50% Net Initial Yield in Fort Lauderdale, FL 33315

Investment Highlights

  • New Construction Duplex

Executive Summary

Brand new duplex located in fast changing River Oaks in front of the Safe Harbor Marina and YOT Bar and Kitchen, see flyer for projects coming up in the area. This is a brand new 2 unit construction with developer warranty, one rented for $4,850/month the other should rent for more as it has a larger yard and on the corner. Perfect property for a 1031 exchange or someone who wants minimal management and a Class A product.

Attachments

Flyer

Property Facts

Price £1,337,355
Price Per Unit £668,677
Sale Type Investment
Net Initial Yield 5.50%
No. Units 2
Property Type Residential
Apartment Style Townhome
Lot Size 0.12 AC
Building Size 4,000 SF
Average Occupancy 100%
Number of Floors 2
Year Built 2024

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-16-10-0300
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,649

zoning

Zoning Code RD-15 (Low density residential)
RD-15 (Low density residential)
  • Listing ID: 33559892

  • Date on Market: 18/10/2024

  • Last Updated:

  • Address: 2107 SW 18th Ave, Fort Lauderdale, FL 33315

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