Listed by Miami Real Estate Agency
$980,000
WAVERLY PLACE
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,820
Units 3
Year Built 1962
Stories 2
Parking Spaces 6
Multifamily | 3 Units
Marketing description
Investor Special in Sailboat Bend! Discover an incredible opportunity to own a unique income-producing triplex in one of Fort Lauderdale’s most desirable historic neighborhoods—just minutes from Las Olas Blvd and Downtown. Previously branded as “Las Olas Cabanas,” this fully furnished property features three stylish units with stainless steel appliances, in-unit washer/dryers, smart TVs, and outdoor spaces. The bright upstairs unit is guest-ready with a large deck and hammock chair. The two lower units require interior renovation due to water damage. Offered as-is, this is a perfect value-add opportunity to restore and maximize income. Grossed over $10K/month in short-term rentals during peak 2024. Walk to Riverwalk, Cooley’s Landing, and more!
Listing Contacts
Listed by Miami Real Estate Agency
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
