2210 NW 7th Ct - Apartments FOR SALE


Fort Lauderdale, FL 33311- Lauderhill
$2,100,000 USD
305-450-4028
2210 NW 7th Ct, Fort Lauderdale, FL for Sale
$2,100,000 USD
Apartments - FOR SALE
1/2
null | 6% Cap Rate

2210 NW 7th Ct
Fort Lauderdale, FL 33311
Lauderhill


HIGHLIGHTS

  • 100% two-bedroom layout throughout, offering strong rental demand and above-average rent potential for the submarket
  • Below-market rents with significant upside through interior renovations and rent repositioning
  • Each unit individually metered, allowing tenants to pay their own electric and reducing owner utility expenses
  • Amenity that drives tenant retention and provides potential additional income
  • Dedicated off-street parking with one space per unit, a coveted feature in this market
  • Classic South Florida architecture with exterior walkways and ample natural light

OVERVIEW

This stabilized 10-unit multifamily property offers a solid investment with day-one income in Fort Lauderdale’s dynamic rental market. Featuring a 100% two-bedroom layout across all units, the property appeals to a wide tenant base and supports above-average rent potential within the submarket. Each unit is individually metered for electricity, minimizing ownership expense and enabling efficient utility management. Currently leased and occupied, the building provides immediate cash flow supported by in-place rents, while significant value-add potential remains through interior renovations and rent repositioning. Off-street dedicated parking delivers a competitive advantage, as does the inclusion of an on-site laundry facility for tenant convenience and possible ancillary income. Classic South Florida design with exterior walkways and mature landscaping enhances curb appeal while limiting landscaping upkeep costs. Located in an Opportunity Zone, the property provides additional tax incentive advantages to qualified buyers. Positioned within close proximity to key employment centers, major roadways, and Fort Lauderdale’s central amenities, this asset offers both current stability and measurable upside for long-term investors.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

10

PRICE/UNIT

$210,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,752 SF

ZONING

RMM-25

APN/PARCEL ID

50-42-05-01-1780

ASK ABOUT THIS PROPERTY

Erik LeonMatthews Real Estate Investment ServicesMore Info
305-450-4028

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Erik LeonMatthews Real Estate Investment ServicesMore Info
305-450-4028

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