808 NW 19th St
Multifamily | 9 Units | $166,556/unit
Marketing description
Turnkey Multifamily Investment with Stable Income
This well-maintained and profitable multifamily property features 8 spacious, fully furnished studio units and 1 two-bedroom, two-bath apartment equipped with an in-unit washer and dryer. The property offers 10 on-site parking spaces and is fully occupied, providing immediate and reliable cash flow.
Ideally located near a variety of shops and restaurants and just 10 minutes from Fort Lauderdale Beach, this asset combines convenience with strong tenant demand. With a 7% NOI return, this is a compelling opportunity for investors seeking a stabilized, income-producing property in a prime South Florida market.
Investment highlights
Turnkey Multifamily Asset: Fully occupied building with 8 furnished studio units plus 1 two-bedroom, two-bath apartment
Strong Income Performance: Proven 7% NOI with stable, in-place cash flow
Ample Parking: 10 on-site parking spaces, a significant amenity in the Fort Lauderdale market
Prime Central Location: Convenient access to shops, dining, employment centers, and major roadways
Beach Proximity: Approximately 10 minutes to Lauderdale Beach, boosting rental demand
High-Demand Rental Market: Located in an established Fort Lauderdale neighborhood with consistent multifamily demand
Ideal for Passive Investors: Stabilized, income-producing property suitable for long-term hold or portfolio expansion
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