633 NW 15th Ave - Multi-Family FOR SALE


Fort Lauderdale, FL 33311- Durrs
$1,320,000 USD
305-507-7098
633 NW 15th Ave, Fort Lauderdale, FL for Sale
$1,320,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

633 NW 15th Ave
Fort Lauderdale, FL 33311
Durrs


HIGHLIGHTS

  • Less than 2 miles from the Fort Lauderdale Brightline Station
  • Excellent in-place cash flow
  • Half the units have been renovated, upside in rental value for the unrenovated units
  • Located minutes away from Fort Lauderdale's Flagler Village

OVERVIEW

Gridline Properties is proud to exclusively present Progresso Village Apartments, a well-maintained 11-unit multifamily asset located at 633 NW 15th Avenue, Fort Lauderdale, FL. This is an exceptional opportunity for investors to acquire a stabilized multifamily property generating a steady income stream of $14,000 per month. This multifamily investment offers stability, upside potential, and strong long-term growth prospects in one of Fort Lauderdale’s most dynamic and evolving neighborhoods. The combination of recent renovations, upgraded systems, and the property’s prime location makes it a low-maintenance, high-yield asset for any investor looking to capitalize on the ongoing transformation of Fort Lauderdale.

FOR SALE DETAILS

PRICE

$1,320,000 USD

PRICE/SF

$514 USD /SF

# OF UNITS

11

PRICE/UNIT

$120,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Progreso Village Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,000 SF

ZONING

RC-15

APN/PARCEL ID

50-42-04-23-0430

ASK ABOUT THIS PROPERTY

Shelly PostonGridline PropertiesMore Info
305-507-7098

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Shelly PostonGridline PropertiesMore Info
305-507-7098

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