Bridgestone Realty LLC
Lifestyle International Realty
Listed by Bridgestone Realty LLC, Lifestyle International Realty
$1,100,000
PROGRESSO
Details
APN 494234058170
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,295
Net Rentable (SqFt) 2,295
Units 4
Cap Rate 0.64%
Occupancy 75%
Price per SqFt $479
Broker Co-Op Yes
Class A
Year Built 1951
Year Renovated 2024
Buildings 1
Lot Size (SqFt) 6,750
Zoning RMM-25
Parking Spaces 6 spaces
Parking per 1,000 SqFt 2.61
Investment Type Stabilized
Multifamily | 0.64% CAP | 4 Units
Marketing description
Prime Victoria Park triplex on a corner lot, fully renovated and surrounded by new luxury developments. Brand new impact windows! Each unit features LVP flooring, modern kitchens, updated baths, new A/C wall units, lighting, and blinds. Plumbing and electrical were recently upgraded. Roof 2016. Exterior upgrades include fresh paint, pavers, and lush landscaping for privacy. Every unit has its own patio/porch and assigned parking. All units are currently leased, the $1,500 unit is well below market value because it is rented to the property manager. Room for rent increases offering upside for investors. Strong redevelopment potential with zoning that allows for 3 townhomes/condos. Just minutes from Galleria Mall (being remodeled), Fort Lauderdale Beach, dining and nightlife. Contact Listing agent for more information.
Listing Contacts
Bridgestone Realty LLC
Lifestyle International Realty
Listed by Bridgestone Realty LLC, Lifestyle International Realty
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