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410 COURTYARD APARTMENTS 410 SE 13th St

6 Unit Block of Flats £1,701,829 (£283,638/Unit) 4.92% Net Initial Yield Fort Lauderdale, FL 33316

Investment Highlights

  • The unique design with open beamed ceilings & private courtyards appeal to every prospective tenant resulting in fast leasing

Executive Summary

Excellent Investment Opportunity in Southeast Fort Lauderdale
Prime Location
Nestled just south of downtown Fort Lauderdale, our apartment building is ideally situated between the highly desirable neighborhoods of Rio Vista and Croissant Park. This prime location offers the perfect blend of urban convenience and residential tranquility.
Unmatched Convenience
Our community provides easy access to a variety of employment opportunities, including:
Broward Health: A leading healthcare facility just minutes away.
Federal and County Courthouse: Convenient for legal professionals.
Downtown Businesses: A bustling hub for numerous industries and companies.
Exceptional Living
Our apartments are designed with modern living in mind. Each unit features:
Unique Layouts: One Bedroom units have open beamed ceilings and private courtyards.
Contemporary Finishes: Stylish and functional design elements. The Two Bedroom unit has the sought-after old-world charm of real hardwood floors and architectural arched room entries.
Living here means being part of a vibrant community with access to:
Parks and Recreational Areas: Ideal for outdoor activities and relaxation.
Cultural and Entertainment Venues: Enjoy the best of Fort Lauderdale's arts, dining, and nightlife that surrounds the downtown community.
Your Perfect Tenant Home Awaits
Discovering the perfect blend of location, lifestyle, and unique living environment our apartment building in Southeast Fort Lauderdale possesses. Whether you're a young professional or happily retired, our community offers everything you need for a fulfilling and enjoyable living experience.
Don’t Miss Out
This is a rare opportunity to invest in a high-demand area with excellent growth potential. Secure your investment in one of Fort Lauderdale’s most sought-after neighborhoods and capitalize on the thriving rental market.
Contact us today for more details and to arrange a viewing of this exceptional investment property!

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,701,829
Price Per Unit £283,638
Sale Type Investment
Net Initial Yield 4.92%
Sale Conditions 1031 Exchange
No. Units 6
Property Type Residential
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low Rise
Building Class B
Lot Size 0.23 AC
Building Size 3,814 SF
Average Occupancy 100%
Number of Floors 1
Year Built/Renovated 1977/2015
Parking Ratio 2.62/1,000 SF

Unit Amenities

  • Air Conditioning
  • Tile Floors
  • Vaulted Ceiling
  • Tub/Shower
  • Patio

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 5 - -
2+1 1 - -
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (82)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-15-10-2720
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£397,133 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code ROC (ROC zoning in Fort Lauderdale permits Residential and Professional Offices)
ROC (ROC zoning in Fort Lauderdale permits Residential and Professional Offices)
  • Listing ID: 32566429

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 410 SE 13th St, Fort Lauderdale, FL 33316

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