This well-positioned multifamily offering in Fort Lauderdale presents a compelling opportunity for investors seeking a stable, low-rise / garden-style asset in an established urban submarket. The property consists of an approximately 6,074 square foot building with 11 residential units, originally constructed in 1966. Its classic construction and efficient unit mix align well with sustained renter demand for workforce and lifestyle oriented housing in close proximity to Downtown Fort Lauderdale and surrounding employment centers.
The property is currently 100% occupied, providing immediate in-place cash flow and demonstrating the strength of the local rental market. Its zoning designation of RAC-CC – Regional Activity Center / City Center District enhances long-term upside potential, allowing for continued multifamily use within one of Fort Lauderdale’s most flexible and growth oriented zoning categories.
Located within the Fort Lauderdale area, the property benefits from strong market fundamentals driven by limited supply of comparable low-rise multifamily inventory, ongoing redevelopment nearby, and consistent population and employment growth. The combination of stabilized occupancy, favorable zoning, and an infill location makes this asset particularly attractive to investors seeking durable income with the potential for future value enhancement in one of South Florida’s most dynamic multifamily markets.