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27357627
27357648

625 NE 13th Avenue, Fort Lauderdale, FL 33304 For Sale

BL
FL 3179748
One Sotheby’s International Realty
Sotheby's International Realty Aventura
Listed by One Sotheby’s International Realty, Sotheby's International Realty Aventura
$2,089,000
296 days on market
Updated 33 days ago

625 NE 13th Ave I Ft Lauderdale I Short-Term Rentals

Details
APN 494234073570
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Square Footage 3,789
Units 4
Cap Rate 5.69%
NOI $118,800
Occupancy 100%
Pro-Forma Cap Rate 9.1%
Pro-Forma NOI $190,000
Price per SqFt $551
Broker Co-Op Yes
Class B
Year Built 1954
Year Renovated 2023
Buildings 1
Stories 2
Acreage 0.230
Zoning RMM-25
Investment Type Value Add
Ground Lease No
Ownership 100%

ALL IN ONE I Luxury Fourplex | Prime Location | Short-Term Rental Approved.

Marketing description

Discover a captivating Parkside Retreat - a meticulously renovated Mid-Century Fourplex, nestled within an expansive tropical oasis. Boasting two generous 2-bedroom/1-bathroom units alongside two cozy 1-bedroom/1-bathroom units, currently operating as sought-after short-term vacation rentals. Elegantly embracing the timeless charm of mid-century architecture, this property has undergone a stunning transformation. Every detail reflects a commitment to preserving the timeless charm and character of the property's mid-century design. From the tastefully updated kitchens and bathrooms to the installation of impact windows and doors, each element honors the essence of the era while seamlessly integrating modern comforts. A brand new roof has just been installed, further enhancing to impact windows and doors, every detail has been carefully curated to honor the property's heritage while introducing modern sophistication. A brand-new roof further enhances durability and curb appeal. Linked by a charming catwalk, the two buildings open onto a tranquil outdoor haven, featuring terraces, a heated pool, and lush tropical landscaping a private sanctuary perfect for relaxation and entertainment. This versatile property offers unmatched potential: ideal for continued vacation rentals, long-term leasing, conversion into condos or townhomes, or even a live-work owner/tenant mix. Each unit is individually metered for electricity, ensuring convenience and flexibility for both owners and guests. Superbly located between Las Olas Boulevard, Wilton Drive, and Fort Lauderdale Beach, Parkside Retreat provides unparalleled access to dining, nightlife, and the coast all while maintaining a peaceful residential ambiance. Don't miss this rare opportunity to own an extraordinary piece of paradise where timeless elegance meets modern convenience.

Investment highlights

Introducing an exceptional investment opportunity at FLL International Airport, located at 625 NE 13th Avenue, Fort Lauderdale, FL 33304. This stunning quad-plex in the vibrant Holiday Park subdivision offers a mix of modern luxury and classic charm. Featuring four units—two spacious 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units—this beautifully renovated building exudes poolside glamour, perfect for short-term rentals, just steps from Downtown Fort Lauderdale. Positioned on the famous Las Olas Blvd in Fort Lauderdale Beach, this meticulously maintained property presents a rare chance for investors. The building offers 5,249 SF of living space across two stories, with four parking spots for added convenience. Renovated in 2023, its charm and potential are unmatched. Don't miss the opportunity to own a piece of luxury in one of Florida's most sought-after locations

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Listing Contacts

BL
FL 3179748
One Sotheby’s International Realty
Sotheby's International Realty Aventura
Listed by One Sotheby’s International Realty, Sotheby's International Realty Aventura

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$118,800.00
$9,900.00/mo

Valuation Metrics

0
DSCR
5.69%
Cap Rate
5.69%
ROI

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Additional Information

Name
Brigitte Lina
License
3179748
Brokerage Phone
7862677320
Title
FL
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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