Listed by Realty Executives Astoria
$1,200,000
Fort Lauderdale 3 FAm
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,000
Net Rentable (SqFt) 3,800
Units 3
Cap Rate 8.75%
NOI $105,000
Occupancy 50%
Class A
Year Built 1950
Year Renovated 2005
Buildings 1
Stories 2
Lot Size (SqFt) 5,000
Parking Spaces 3 spaces
Parking per 1,000 SqFt 0.60
Investment Type Owner/User
INvestment Property Fort Lauderdale
Marketing description
10 NE 11TH AVE FORT LAUDERDALE FL 33301
LEGAL 3 FAMILY PROPERTY, PERFECT FOR INVESTOR OR USERS, NEAR THE BEACH AND IDEAL FOR AIRBNB
CURRENTLY 2 APARTMENTS ARE RENTED FOR $2,500 EACH AND 1 CAN BE DELIVERED VACANT AT CLOSING.
CURRNET GROSS $90,000
PROJECTED RENT ROLL $132,000 GROSS AS A RENTAL. AS AN AIR BNB IS IT MUCH MORE VALUABLE
sellers is willing to hold a 1st position note $900,000, interest only 6% Rate
Investment highlights
PROJECTED RENT ROLL $132,000 GROSS AS A RENTAL. AS AN AIR BNB IS IT MUCH MORE VALUABLE
Listing Contacts
Listed by Realty Executives Astoria
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,000.00
$8,750.00/mo
Valuation Metrics
0
DSCR
8.75%
Cap Rate
8.75%
ROI
Map
Zoning
RO MixedMixed UseResidential Office
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View all 32 uses
View all 32 uses Last updated Jun 26, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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