Listed by Matthews
$2,600,000
1030 N Victoria Park Rd
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,044
Units 13
Cap Rate 7.11%
NOI $184,901
Tenancy Multi
Price per SqFt $430
Year Built 1958
Acreage 0.310
Zoning B1
Multifamily | 7.11% CAP | 13 Units
Marketing description
A renovated, boutique 13-unit community positioned within one of Fort Lauderdale's most established and supply-constrained rental neighborhoods — pairing immediate cash flow with a clear path to rent growth. Stable in-place operations paired with a clear, low-capital path to rent growth in a supply-constrained coastal submarket.
Investment highlights
- Renovated Product - Updated kitchens, baths and hardwood-style flooring reduce capital exposure and support immediate stabilization.
- Premier Location - Walkable Victoria Park address minutes from Las Olas, downtown and Fort Lauderdale Beach.
- Rent Growth - In-place rents trail modeled market rents across the unit mix, with upside captured on turnover.
- Stainless Steel Appliances
- Granite Countertops
- Renovated Bathrooms
- Limited Deferred Maintenance
- Attractive Unit Mix
- Supply-Constrained Neighborhood
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$184,901.00
$15,408.42/mo
Valuation Metrics
0
DSCR
7.11%
Cap Rate
7.11%
ROI
Map
Zoning
RMM-25 ResidentialMulti FamilyResidential Multifamily Mid Rise And Medium High Density
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View all 59 uses Last updated Jun 26, 2026 For deeper zoning details, reports are available at Zoneomics
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