410 SE 13th St - Apartments FOR SALE


Fort Lauderdale, FL 33316- Poinciana Park
$2,050,000 USD
954-652-2036
410 SE 13th St, Fort Lauderdale, FL for Sale
$2,050,000 USD
Apartments - FOR SALE
1/16
null | 4.9% Cap Rate

410 SE 13th St
Fort Lauderdale, FL 33316
Poinciana Park


HIGHLIGHTS

  • Turnkey Asset
  • Updated Units, Stabilized Rents, Income Ready
  • New Roof
  • On-Site Coin Laundry
  • Central Air
  • Updated-Modern Flooring and Kitchens

OVERVIEW

Offering consists of six fully updated apartments on a 10,125 SF parcel in Southeast Fort Lauderdale, near Downtown, Rio Vista, the Beach, and the Airport. Unit mix includes one 2BR bungalow and five 1BR courtyard apartments with vaulted ceilings. Each unit features modern kitchens, floorings, central A/C, and separately metered electric. With market rents, new roof (2022), no deferred maintenance, and an income-producing laundry facility, this is a turnkey, stabilized investment delivering reliable cash flow in a prime location. Turnkey Asset – Updated, Stabilized, Income-Ready 1 × Two-Bedroom / One-Bath Bungalow 5 × One-Bedroom / One-Bath Vaulted-Ceiling Courtyard Apartments New roof (2022) – no deferred maintenance Updated, modern kitchens and interiors Separately metered electric – tenants pay utilities Central A/C & heat in every unit Income-producing coin-operated laundry facility 9 Parking Spaces

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$537 USD /SF

# OF UNITS

6

PRICE/UNIT

$341,667

CAP RATE

4.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,125 SF

ZONING

ROC

APN/PARCEL ID

50-42-15-10-2720

ASK ABOUT THIS PROPERTY

Jake MichelsBerger Commercial Realty CorpMore Info
954-652-2036

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Jake MichelsBerger Commercial Realty CorpMore Info
954-652-2036

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