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28775404
28775405

801 Coontie Ct, Fort Lauderdale, FL 33312

ER
FL FL SL3134745
Marcus & Millichap - Fort Lauderdale
CS
FL SL-3605832
Marcus & Millichap - Fort Lauderdale
DC
FL SL 3234051
Marcus & Millichap - Fort Lauderdale
Marcus & Millichap - Fort Lauderdale
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale
$1,200,000
183 days on market
Updated 43 days ago

Coontie Court Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,153
Net Rentable (SqFt) 4,153
Units 6
Cap Rate 7%
NOI $83,978
Occupancy 100%
Pro-Forma Cap Rate 8.35%
Pro-Forma NOI $100,150
Price per SqFt $289
Broker Co-Op Yes
Class C
Year Built 1958
Buildings 1
Stories 2
Acreage 0.160
Investment Type Value Add
Ownership Fee Simple

Multifamily | 6 Units | $200,000/unit

Marketing description

Marcus & Millichap is pleased to present the Coontie Court Apartments, a six-unit multifamily property located at 801 SW 4th (Coontie) Court, Fort Lauderdale, Florida 33312. Built on a 0.16-acre lot, the property totals 4,153 square feet across a two-story building with a metal roof and six on-site storage units. Each of the six apartment units is a one-bedroom/one-bathroom floorplan averaging 675 square feet, featuring efficient layouts and window-unit air conditioning.

Ideally situated just west of Downtown Fort Lauderdale, Coontie Court Apartments benefits from proximity to major economic and lifestyle drivers, including Las Olas Boulevard, the Broward Health Medical Center, the new Brightline high-speed rail station, and the rapidly expanding Riverwalk Arts & Entertainment District. The property also offers convenient access to Interstate 95, Fort Lauderdale-Hollywood International Airport, and the city’s major employment hubs.

With ongoing redevelopment throughout the Sailboat Bend and Tarpon River neighborhoods, this location is seeing significant investment in both residential and mixed-use projects, further supporting strong rental demand and long-term appreciation.

The Coontie Court Apartments present an attractive opportunity to acquire a centrally located, well-maintained multifamily property in one of South Florida’s most dynamic rental markets. Its downtown adjacency, steady tenant base, and value-add potential through modernization or repositioning make it an appealing investment for both long-term hold and redevelopment strategies.

Investment highlights

  • All One-Bedroom/One-Bathroom Units Averaging 675 Square Feet
  • Metal Roof and Six Additional Storage Units Providing Additional Income
  • Centrally Located Near Downtown Fort Lauderdale, Las Olas, and Major Employment Centers
  • Strong Rental Demand with Nearby Redevelopment Driving Continued Neighborhood Growth

Listing Contacts

ER
FL FL SL3134745
Marcus & Millichap - Fort Lauderdale
CS
FL SL-3605832
Marcus & Millichap - Fort Lauderdale
DC
FL SL 3234051
Marcus & Millichap - Fort Lauderdale
Marcus & Millichap - Fort Lauderdale
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,978.00
$6,998.17/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Evan Richardson
License
FL SL3134745
Name
Cory Sanchez
License
SL-3605832
Brokerage
Marcus & Millichap
Title
Associate
Brokerage Address
5900 North Andrews Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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