Listed by Charles Rutenberg Realty FTL
$5,200,000
Townhome Investment Opportunity - 17 units
Details
APN 504204500070
Property Type Multifamily, Office
Sub Type Traditional Office, Commercial Condo
Square Footage 22,761
Units 17
Price per SqFt $228
Broker Co-Op Yes
Year Built 2007
Buildings 8
Stories 2
Lot Size (SqFt) 33,613
Zoning RMM-25
Parking Spaces 2 spaces
Parking Per SqFt 0.09
Multifamily | 17 Units | $317,647/unit
Marketing description
Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.
Investment highlights
17 Fully-Leased Townhomes out of 38 total units – 100% occupied, no vacancy
Built in 2007–2008 – Modern construction with strong physical condition
8 Units: 3 Bed / 2.5 Bath / 2-Car Garage
9 Units: 2 Bed / 2.5 Bath / 1-Car Garage
Hurricane Impact Windows installed throughout
Full Appliance Package including washer & dryer in all units
HOA Dues include exterior building maintenance and full insurance (structure & hurricane)
Possesses exclusive Builder Rights, providing complete authority over the HOA and its governance.
Prime Fort Lauderdale location with proximity to I-95, schools, retail & transit
Ideal for 1031 exchange, long-term hold, or portfolio expansion
Listing Contacts
Listed by Charles Rutenberg Realty FTL
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
Tax History
Similar Properties
Is there information that looks off?
