Listed by RE/MAX Select Group
$1,445,000
Middle River Apts
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,854
Net Rentable (SqFt) 4,854
Units 6
Cap Rate 5.79%
NOI $83,672
Occupancy 100%
Price per SqFt $298
Broker Co-Op Yes
Year Built 1958
Buildings 1
Stories 2
Lot Size (SqFt) 10,000
Zoning Multi Family-10units
Parking Spaces 12 per unit
Ground Lease No
Multifamily | 6 Units | $240,833/unit
Marketing description
Excellent location just 2.5 miles from the beach and east of Federal, Coral Ridge area! This well-maintained 6-unit multifamily property with full impact glass features four spacious 1-bedroom/1-bath apartments—two of which are exceptionally large—and two studio units. Currently generating $122,892 in gross income with below-market rents, offering strong upside potential. Property boasts stable, long-term tenants, with four units tastefully updated and the remaining two in very clean condition. A fantastic investment opportunity in one of Fort Lauderdale's hottest rental areas—don't miss it! Get it now! Please do not disturb Tenants.
Listing Contacts
Listed by RE/MAX Select Group
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
$83,672.00
$6,972.67/mo
Valuation Metrics
0
DSCR
5.79%
Cap Rate
5.79%
ROI
Map
Zoning
B-1 CommercialSpecial CommercialBoulevard Business
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 146 uses
View all 146 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
