Listed by RE/MAX Select Group
$1,445,000
2633 Middle River Drive # 6 #1-6
Details
APN 494225045280
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,854
Units 6
NOI $84,882
Year Built 1957
Buildings 1
Stories 2
Acreage 0.230
Zoning RMM-25
Parking Spaces 10 spaces
Parking Per SqFt 2.06
Multifamily | 6 Units
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 $128,542 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!
Listing Contacts
Listed by RE/MAX Select Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,882.00
$7,073.50/mo
Valuation Metrics
0
DSCR
5.87%
Cap Rate
5.87%
ROI
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