1026-1044 NW 7th Ave, Fort Lauderdale FOR SALE


Fort Lauderdale, FL - South Middle River
$1,995,000 USD
954-693-6919
, Fort Lauderdale, FL for Sale
$1,995,000 USD
FOR SALE
1/4
null | 6.52% Cap Rate

1026-1044 NW 7th Ave, Fort Lauderdale
Fort Lauderdale, FL
South Middle River


HIGHLIGHTS

  • Development Opportunity
  • Remodel Opportunity
  • Immediate Income - All tenants are M2M

OVERVIEW

Hertz Realty Group presents a rare opportunity to acquire five contiguous residential properties, less than a mile from the CBD, totaling approximately 0.93 acres within the Central City CRA. All tenants are on month-to-month leases, allowing flexibility to redevelop, remodel, or assemble for a larger development project. Future land use is designated for significantly higher density (CC-CMU). Addresses are 1026, 1030, 1034, 1038, and 1044 NW 7th Ave, Fort Lauderdale, FL 33311. Total Square feet is 6,024 SF. PROPERTY HIGHLIGHTS • ±.93 acres • Seven residential income-producing rentals • Majority of tenants have occupied the properties for +1yr • Management office onsite • Redevelopment & rezoning potential with a large vacant parcel adjacent

ASK ABOUT THIS PROPERTY

Mark YelenHertz RealtyMore Info
954-693-6919

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Mark YelenHertz RealtyMore Info
954-693-6919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.