Listed by Silverleaf Realty Group
$750,000
PROGRESSO
Details
APN 494234040940
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,550
Net Rentable (SqFt) 2,550
Units 2
Beds 16
Pro-Forma Cap Rate 6.85%
Pro-Forma NOI $51,339
Price per SqFt $294
Class C
Year Built 1986
Buildings 1
Lot Size (SqFt) 6,751
Zoning RMM-25
Parking Spaces 4 spaces
Parking Per SqFt 1.57
Duplex, 8 bedrooms and four bathrooms total.
Marketing description
Discover a rare opportunity to own a versatile duplex featuring two spacious units, each with four bedrooms and two bathrooms. Perfectly situated just minutes from Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House, this property offers unmatched access to vibrant dining, shopping, and cultural attractions. Currently operating as a thriving hostel with consistent short-term rental income, it’s a turnkey investment. Alternatively, lease each unit as apartments for a projected 6.85% annual yield. Ideal for both active and passive investors, this aggressively priced duplex delivers flexibility and strong returns in a prime Fort Lauderdale location. Act now to secure this high-potential asset!
Listing Contacts
Listed by Silverleaf Realty Group
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