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$695,000
2 Beds ⋅ 2 Baths ⋅ B26016302 MLS
Spectacular Northeast Corner Penthouse Best Location Best Views. Exceptional Condition. Stunning northeast corner penthouse offering breathtaking direct ocean views, along with panoramic views of the Intracoastal Waterway and city skyline. Wake up to spectacular sunrises over the ocean, watch boats sail along the Intracoastal, enjoy the city lights from your balcony, and experience beautiful full moon over the ocean. This exceptional residence has been completely updated with high-end finishes and appliances and is offered fully furnished and turnkey. The contemporary interior has a sophisticated California-inspired vibe, featuring elegant wood-design interior doors, recessed lighting, and beautifully finished living spaces. The lavish bathroom adds another touch of luxury. Small pet ok Largest corner unit in the bldg. Must see to appreciate it. Walk to the beach, shops, multiple well known restaurants, ride on the water taxi, Publix across the street. Garage pkg. Spacious lobby attended 24hrs. 2nd deck feels like 5 star hotel.. enjoy heated infinity saltwater pool, fitness center, tennis/pickleball court. or just walk around the deck. wood design interior doors adds touch of elegance to the space. recessed lighting. wake up to the morning sunrise. blue angel flying in front of you. Feels like you are on a cruise ship....water, sewer, trash pick up, basic cable, fiber optic internet, pest control. All inclusive. Best elementary school district. all ages. best rated elementary school. small pet allowed.

3015 N Ocean Boulevard Unit #19F, Fort Lauderdale
$695,000
2 Beds ⋅ 2 Baths ⋅ B26024866 MLS
RARE 1ST FLOOR END-UNIT, FULLY RENOVATED WITH PANORAMIC WATERFRONT VIEWS in an exclusive 29-residence boutique building. 2BR/2BA: curated designer finishes; seamless open-concept layout. NEW ROOF 2023. Expansive bay windows fill the home w/natural light. Chef's kitchen; oversized island; NEW BOSCH appliances; full-size Whirlpool in-unit laundry. Complete impact glass security. Private primary suite; custom walk-in closet. Guest room also w/custom closets, EXTENSIVE DUE DILIGENCE PACKAGE available, including the Milestone Inspection, Structural Integrity Reserve Study (SIRS), financial statements, approved budget, governing documents, and HOA meeting minutes—providing condo buyers with exceptional transparency and confidence. Direct ocean access; NO FIXED BRIDGES; Dockage for up to 25' boat. SEAWALL UPDATED 2024. Resort-style amenities include pool, clubroom, & rooftop terrace. Minutes to beach, dining & Laud-by-the-Sea. A refined waterfront lifestyle with effortless coastal elegance.

5100 Bayview Drive Unit #106, Fort Lauderdale
$694,999
4 Beds ⋅ 3 Baths ⋅ A12019776 MLS ⋅ Washington Park Second Ad BLDG.
Welcome Home! New Construction single family turnkey paradise. Everything Brand New! New roof, A/C, water heater, boasts 4 Bedrooms, 3 Bathrooms, 2 car garage. Total Sqft 2,063. Cozy living space with a freshly painted interior and exterior, plenty of natural lighting, 10 ft high ceilings, impact windows, and doors. Quartz kitchen countertop, stunning open floor plan kitchen with stainless appliances, washer & dryer, newly installed flooring. Relax the day away in your newly bathroom with modem features. Nice backyard for entertalning. Close to major highways, airports, beaches, shopping, restaurants, & entertainment. No HOA! This Home Won't Last Long! Receive up to $10,000 seller credit towards closing costs with full asking price ofter.

2947 Nw 9th St, Fort Lauderdale
$694,788
2 Beds ⋅ 2 Baths ⋅ B26074389 MLS
Great opportunity in the highly desirable Imperial Point neighborhood! This 2-bedroom, 2-bath home features a versatile den that can be used as a home office, guest space, or additional living area. Major updates include a NEW A/C, IMPACT WINDOWS, newer water heater and electrical panel. NO HOA! The home offers a great layout and plenty of potential for the next owner to update and make it their own. Conveniently located near shopping, dining, beaches, major roadways, and everything Fort Lauderdale has to offer. Bring your vision and create the home you've been looking for in one of Fort Lauderdale's most sought-after neighborhoods!

1951 Ne 59th Place, Fort Lauderdale
$693,941
1 Beds ⋅ 1 Baths ⋅ B26035685 MLS
Ombelle Fort Lauderdale - 1 Bed/1 Bath residence. Future home of Equinox. Setting a new standard for luxury living in Downtown Fort Lauderdale. Offering fully finished & furnished (optional) interiors with oak wood & porcelain tile flooring, floor-to-ceiling cabinetry, Smeg appliances, and spa-inspired bathrooms. Residents enjoy over 100,000 SF of curated amenities including resort-style pools, indoor pickleball courts, fitness center, golf simulator, yoga & pilates studios, saunas, cold plunges, co-working spaces, concierge svc, & more. A 15,000 SF grand lobby delivers a striking arrival experience. Prime location just moments from Brightline, Las Olas, & Fort Lauderdale's top dining, shopping, & entertainment. Exceptional opportunity in Fort Lauderdale's most anticipated new development

300 Ne 3rd Avenue Unit #606n, Fort Lauderdale
$692,890
B26061071 MLS
Prime Location!! Two Triplexes (6 Total Units) Located Next To Each Other In The Heart Of Fort Lauderdale, Just Minutes From Downtown, Las Olas, And World-Famous Fort Lauderdale Beach. Both Triplexes Must Be Sold Together. Asking Price Is Per Triplex. Each Building Is Approximately 2,000+ Sq. Ft. And Features Two 2-Bedroom/1-Bath Units And One Studio, For A Total Of Four 2-Bedroom/1-Bath Units And Two Studios. Roofs Are 14+/- Years Old, Central A/C'S Are Newer, Tenants Pay Electric. Current Rents Are Below Market, Estimated Gross Annual Income Of $115,200, With Potential Gross Of $130K+. Estimated Annual Expenses For Both Are Taxes Of $21,270, Insurance $14,000, Lawn $1440, Water/Trash $8400. Potential Income 70-90k+ This Is That Diamond In Rough You've been Looking For!

1915 Sw 4th Avenue Unit #1-3, Fort Lauderdale
$692,890
B26059592 MLS
Prime Location!! Two Triplexes (6 Total Units) Located Next To Each Other In The Heart Of Fort Lauderdale, Just Minutes From Downtown, Las Olas, And World-Famous Fort Lauderdale Beach. Both Triplexes Must Be Sold Together. Asking Price Is Per Triplex. Each Building Is Approximately 2,000+ Sq. Ft. And Features Two 2-Bedroom/1-Bath Units And One Studio, For A Total Of Four 2-Bedroom/1-Bath Units And Two Studios. Roofs Are 14+/- Years Old, Central A/C'S Are Newer, Tenants Pay Electric. Current Rents Are Below Market, Estimated Gross Annual Income Of $115,200, With Potential Gross Of $130K+. Estimated Annual Expenses For Both Are Taxes Of $21,270, Insurance $14,000, Lawn $1440, Water/Trash $8400. Potential Income 70-90k+ This Is That Diamond In Rough You've been Looking For!

1911 Sw 4th Avenue Unit #1-3, Fort Lauderdale
$690,000
3 Beds ⋅ 2 Baths ⋅ A12078759 MLS ⋅ Croissant Park BLDG.
Beautifully renovated 3-bedroom, 2-bathroom home in the heart of Fort Lauderdale, located on a very quiet and peaceful residential street. Conveniently situated just a 5-minute walk from Whole Foods Market and US-1, and only about 5 minutes from Las Olas Boulevard. The home features a fully renovated interior, a private pool, a separate laundry room, and a charming enclosed Florida room overlooking the pool area. Enjoy the spacious outdoor living area with a pool, sun loungers, and a BBQ/grill area. The property also offers a private front area with parking for up to 3 vehicles. The home is offered for Sale unfurnished. However, furnished Sale is also available upon request, with the possibility of sale the home with the furniture shown in the photos.Showings are available, ready to move in, call listing agent for showing

200 Se 19th St, Fort Lauderdale
$690,000
B26044898 MLS
Welcome to this single-story duplex in the Progresso community of Fort Lauderdale, offering 2,504 square feet of finished living space. This one-floor layout provides convenient, accessible living with no stairs to navigate throughout the home. The substantial square footage allows for generous room sizes and flexible spaces to suit various needs. Situated in Fort Lauderdale, this property presents an excellent opportunity for investors or owner-occupants seeking duplex ownership in an established community. This is a solid investment property with strong potential.

1519-1521 Nw 8th Avenue, Fort Lauderdale
$690,000
2 Beds ⋅ 2 Baths ⋅ B26003594 MLS
Welcome home from the 28th floor in the heart of Fort Lauderdale. This stunning 2-bedroom, 2-bath condo features marble flooring throughout the main living areas and bathrooms, bamboo flooring in the bedrooms. Both bedrooms offer custom walk-in closets, while the spacious primary suite includes a luxurious en-suite bath with a soaking tub and walk-in shower. The modern kitchen is equipped with granite countertops and stainless steel appliances, and an in-unit washer and dryer. Step out onto the expansive glass balcony and take in breathtaking, nearly penthouse level views of downtown Fort Lauderdale, with glimpses of the Intracoastal and ocean. Located in Los Olas Place, residents enjoy resort-style amenities including a fitness center, infinity pool, hot tub, conference room, manned lobby, garage parking, movie theater, BBQ area, and valet service for guests. Just steps from High-end shops, world-class dining, entertainment, nightlife, and art galleries are all within walking distance. Minutes from the beach, Fort Lauderdale Airport, and major roadways.

350 Se 2nd Street Unit #2860, Fort Lauderdale
$690,000
4 Beds ⋅ 3 Baths ⋅ A11871686 MLS ⋅ Arrowhead Estates BLDG.
NEW CONSTRUCTION MODERN DESIGN SINGLE FAMILY HOME WITH 4 BEDROOMS AND 2.5 BATHROOMS AND LARGE BACKYARD LOCATED IN FORT LAUDERDALE CLOSING TO SHOPPING CENTERS AND MAJOR AVENUES. THIS BEAUTIFUL HOUSE HAS PLENTY OF SPACES WITH NATURAL LIGHT THAT YOU WILL ENJOY EVERY DAY WITH YOUR FAMILY

2421 Nw 23rd Ln, Fort Lauderdale
$689,900
2 Beds ⋅ 2 Baths ⋅ F10525204 MLS ⋅ Corinthian BLDG.
VIEWS AND LOCATION! Excellent opportunity to own this beautiful unit in the luxurious Corinthian Condo. This unit has Intracoastal and Ocean views, as well as City views from the primary bedroom. Spacious kitchen with breakfast area and tasteful wood cabinets. Open the impact sliding windows and step out on the private balcony and enjoy the views of the Intracoastal and the Bonnet House Museum. Large bedrooms with plenty of closet space and updated bathrooms make this a wonderful place to live and play. Enjoy the rooftop heated pool and the clubhouse. There is also a fitness center with all the machines and free-weights. The condo also offers his and her saunas. New AC installed 3/24/2026! Covered parking in the garage.

936 Intracoastal Drive Unit #11c, Fort Lauderdale
$689,000
2 Beds ⋅ 2 Baths ⋅ B26060569 MLS
NEWLY PRICED TO SELL QUICKLY! EAST FACING 2/2 With 10ft Ceilings & Contemporary REMODEL. *** 2 Separate Parking Spaces & Storage Locker included *** Waterfall Quartz Countertop with Italian White lacquer Cabinetry, Brand New White Cabinets in Both Bathrooms, Stainless Appliances, Glass Tile Backsplash, Ceiling Raised in Kitchen with added High Hats, 24x48 Italian Porcelain Tile Throughout the unit & Bathrooms, Newer Washer/Dryer, Extended Balcony with River & Garden Views. 5* LIFESTYLE INCLUDE CONCIERGE,TROPICAL POOL DECK/HOT TUB, CLUBROOM, BUSINESS CENTER, THEATER MOVIE SCHEDULE, PET FRIENDLY, 2 STORY GYM,24 HR VALET/SECURITY. ALL WALKING DISTANCE TO ALL RESTAURANTS,SHOPS, ART EVENTS,PUBLIX MARKET ON FAMOUS LAS OLAS BLVD. GREAT LAS OLAS LOCATION 2 PARKING SPACE & STORAGE INCLUDED

347 N New River E Drive Unit #310, Fort Lauderdale
$689,000
2 Beds ⋅ 2 Baths ⋅ B26024490 MLS
Beautifully updated condo in Central Beach, Fort Lauderdale, offering effortless sophistication and elevated coastal living. Every redesigneddetail reflects refined taste, with premium materials and a soft, elegant palette inspired by a timeless Restoration Hardware aesthetics Jan '2027. The open chef's kitchen flows seamlessly into the living and dining areas, featuring sleek cabinetry, quartz countertops, and designer appliances. Enjoy serene views overlooking the newly updated pool, sparkling water, and lush tropical gardens. Luxurious bathrooms and a tranquil primary suite provide a true retreat. Ideally located just one block from the beach, steps from the Intracoastal, and within walking distance to premier dining and shopping—this is quintessential Florida living. Aug '27 A/C.

336 N Birch Road Unit #5H, Fort Lauderdale
$688,800
3 Beds ⋅ 2 Baths ⋅ B26017420 MLS
This 3-bedroom, 2-bathroom house is located in a quiet corner of Fort Lauderdale, even though only minutes from the airport, Port of Everglades and main highways. The whole house has been remodeled with the replacement of the roof being the last project. The appliances are stainless steel and are located in a new modern style kitchen. The backyard has a new fence and a new shed. Enjoy Florida and your Bar-B-Qs from the screened in lanai also in the backyard.

1700 Sw 30th Street, Fort Lauderdale
$685,500
3 Beds ⋅ 2 Baths ⋅ B26055728 MLS
Welcome to Croissant Park, NO HOA! This 3/2 large corner lot pool home has a lot to offer. Updated kitchen with Samsung appliances, under cabinet lighting & a large walk-in pantry. Updated baths, one with a jacuzzi tub and a walk-in shower in the other. Plantation Shutters in the main living areas with black-out blinds in the primary. The primary also has a mini split ac unit and a combo chandelier/ceiling fan. Impact windows and doors throughout & energy efficient spray foam. Large, fenced backyard with a saltwater heated pool and covered patio and a 12x20 shed with electric and window ac unit. Roof 2023 /AC 2015, new pool and sprinkler pumps. Centrally located, minutes to all major hwys, as well as Ft. Laud Intl Airport, Ft Laud Beach and Las Olas. As Is.

800 Sw 19th Street, Fort Lauderdale
$685,000
2 Beds ⋅ 2 Baths ⋅ F10516535 MLS ⋅ Playa Del Sol BLDG.
Updated condo with great NE ocean views. Wood tile floors. Split bedroom floor plan. Open balcony w/ ocean & garden views. Washer & dryer inside condo. Large balcony. Garage parking - two tandem parking spaces #421 & 422 located in North Garage. Extra storage space. Annual lease only. Building has been updated including new elevators, concrete restoration, roof and lobby. All special assessments are paid. Building offers great amenities including heated pool & two exercise rooms. Close to shopping & restaurants. Southeast Florida living at its finest! Information deemed to be reliable but not guaranteed.

3500 Galt Ocean Drive Unit #616, Fort Lauderdale
$685,000
1 Beds ⋅ 1 Baths ⋅ A11937290 MLS ⋅ Atlantic Hotel Condo BLDG.
Luxury awaits you at The Atlantic Hotel. This fully furnished 1/1 property boast all the amenities of a five-start hotel, including spa, restaurant, Pool Cafe, pool, conference room and more. Whether you're looking to relax, and unwind or capitalize on rental income through Airbnb, rental or short term rental, this deluxe partial ocean view unit offers endless possibilities. Located in prime area with plethora of dining options, this gem is sure to impress. Don't miss out on the chance to experience the ultimate in luxury living at The Atlantic Hotel. Great Investment opportunity. Call and make your appointment today.

601 N Ft Lauderdale Beach Blvd Unit #912, Fort Lauderdale
$684,999
A12072361 MLS ⋅ Rock Hill Sec BLDG.
Exceptional investment opportunity in Fort Lauderdale! This well-maintained duplex, built in 2002, offers strong income potential with two spacious units. Each unit features in-unit washer and dryer, functional layouts, and excellent rental appeal. Property is Section 8 approved, providing consistent and reliable rental income. The duplex includes four dedicated parking spaces, offering convenience for tenants. Ideal for investors seeking stable cash flow in a high-demand rental area. SELLER OWNS 4 DUPLEXES and prefers to sell a a package deal

1600 Sw 44th Ave, Fort Lauderdale
$684,999
A12030964 MLS ⋅ Rock Hill Sec BLDG.
Turnkey duplex investment property built in 2002, offering immediate income potential. This well-kept property features two units, each equipped with in-unit washer and dryer. Section 8 approved, providing consistent rental income and strong tenant stability. Four dedicated parking spaces add to tenant appeal. Located in a desirable Fort Lauderdale rental corridor with strong demand for affordable housing. Ideal for investors seeking reliable returns and minimal upkeep.

1742 Sw 44th Ter, Fort Lauderdale
$684,999
A11983615 MLS ⋅ Rock Hill Sec BLDG.
Turnkey duplex investment property built in 2002, offering immediate income potential. This well-kept property features two units, each equipped with in-unit washer and dryer. Section 8 approved, providing consistent rental income and strong tenant stability. Four dedicated parking spaces add to tenant appeal. Located in a desirable Fort Lauderdale rental corridor with strong demand for affordable housing. Ideal for investors seeking reliable returns and minimal upkeep.

1738 Sw 44th Ter, Fort Lauderdale
$684,900
2 Beds ⋅ 2 Baths ⋅ B26065072 MLS
FULLY FUNDED RESERVES & PASSED 40 YR INSPECTIONS! The most desirable "J" stack unit at Plaza East. Enjoy a semi-private elevator from your parking spot directly to your unit, offering convenience and privacy. This unit was designed to offer spectacular ocean views from the moment you enter. The open concept layout features timeless neutral décor in cabinetry, countertops, backsplash, and flooring. Floor-to-ceiling windows & a spacious balcony to enhance the beachfront living experience. Two generous bedrooms boast ample closet space, with added conveniences like in-unit washer/dryer & trash chute. Residents enjoy access to the largest heated pool

4300 N Ocean Boulevard Unit #11J, Fort Lauderdale
$684,900
3 Beds ⋅ 3 Baths ⋅ A11870445 MLS ⋅ Sky Harbour East BLDG.
Sky Harbor East – Fort Lauderdale’s Southernmost Gem Updated 3BD/2.5BA, 2,161 sq. ft. condo in one of Fort Lauderdale’s most sought-after waterfront buildings. Located at the southernmost tip of Fort Lauderdale Beach, enjoy unmatched views of cruise ships, the ocean, and Pier Sixty-Six. This north-facing unit offers soft natural light, a split-bedroom layout, and a large balcony. Fully renovated in 2023 with new ceramic tile floors, kitchen, baths, impact windows/doors, and in-unit washer/dryer. Steps from the beach and minutes to FLL airport, dining, and shopping. Resort-style amenities include heated pool, fitness center, 24/7 security, BBQ area, putting green, library, and more. A rare chance to own a fully updated waterfront retreat in a prime location.

2100 S Ocean Dr Unit #3CD, Fort Lauderdale
$683,000
2 Beds ⋅ 2 Baths ⋅ A12020401 MLS ⋅ Shore Club Condo BLDG.
BEAUTIFULLY UPDATED, 2/2 IN THE SHORE CLUB WITH RESORT STYLE CLUB HOUSE ON THE SAND! TIKI BAR & GRILL, 2 GYMS, LARGE POOL & HOT TUB WITH PRIVATE BEACH ACCESS! YOUR SEMI-PRIVATE ELEVATOR OPENS TO A LARGE FOYER, OPEN LIVING ROOM, FORMAL DINING ROOM & BRIGHT EAT IN KITCHEN WITH WASHER & DRYER. IMPACT DOORS & WINDOWS WITH OCEAN, PARK & CITY VIEWS- WATCH SUNRISE AND SUNSETS FROM YOUR LARGE BALCONY! BATHROOMS & KITCHEN UPDATED, LARGE WHITE PORCELAIN TILE THROUGOUT, SPACIOUS MASTER BEDROOM WITH 2 CLOSETS. BIKE, PADDLEBOARD & KAYAK STORAGE & 24 HR GUARD GATE. 1 ASSIGNED GARAGE SPACE, EV CHARGING STATIONS, ADDITIONAL STORAGE & LOTS OF GUEST PARKING!!

1901 N Ocean Blvd Unit #4D, Fort Lauderdale
$680,000
5 Beds ⋅ 2 Baths ⋅ B26064570 MLS
Investors Delight! Fully remodeled single-story residence in Lauderdale Villas featuring 5 bedrooms, 2 bathrooms, and approximately 1,687 square feet of finished living space in the main house. Recent updates include a new kitchen, flooring, bathroom, and appliances, offering a move-in-ready opportunity. A separate detached building in the rear, features 2 bedrooms 1 bath. In-law suite or guest accommodations, or other potential uses, subject to buyer verification of zoning and permitted use. The functional layout offers versatility for homeowners, investors, or those seeking additional income. Conveniently located in Fort Lauderdale within an established residential community. A recently completed appraisal adds additional insight into the property's value.

1320 Nw 19th Street, Fort Lauderdale
$679,999
4 Beds ⋅ 3 Baths ⋅ A12075488 MLS ⋅ River Gardens BLDG.
Welcome Home! New Construction single family turnkey paradise. Everything Brand New! New roof, A/C, water heater, boasts 4 Bedrooms, 3 Bathrooms. Cozy living space with a freshly painted interior and exterior, plenty of natural lighting, 10 ft high ceilings, impact windows, and doors. Quartz kitchen countertop, stunning open floor plan kitchen with stainless appliances, washer & dryer, newly installed flooring. Relax the day away in your newly bathroom with modem features. Nice backyard for entertaining. Close to major highways, airports, beaches, shopping, restaurants, & entertainment. No HOA! This Home Won't Last Long! Receive up to $10,000 seller credit towards closing costs with full asking price ofter.

512 Nw 23rd Ave, Fort Lauderdale
$679,999
A11967949 MLS ⋅ Rock Hill Sec BLDG.
Income-producing duplex built in 2002, located in a high-demand rental pocket of Fort Lauderdale. Each unit includes private washer and dryer, comfortable living spaces, and practical floor plans designed for long-term tenancy. Section 8 approved, providing dependable rental income and strong occupancy history. Four on-site parking spaces enhance tenant convenience and rental value. Excellent opportunity for investors looking to expand or diversify their portfolio with a well-positioned multi-family asset. SELLER OWNS 3 MORE DUPLEXES IN THE AREA and prefers to sell as a package

1604 Sw 44th Ave, Fort Lauderdale
$679,850
B26033810 MLS
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 40% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 Ne 5th Terrace Unit #1-2, Fort Lauderdale
$679,850
B26033753 MLS
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 40% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 Ne 5th Terrace Unit #1-2, Fort Lauderdale
$679,850
B26033788 MLS
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 40% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 Ne 5th Terrace, Fort Lauderdale